20VC: The Biggest Misconceptions & Hardest Truths About Seed Investing Today; Why The Best Founders Don't Need You, Why Uncapped SAFEs Are Good, Why Reserves Are Bad, Why Signalling is BS, Why Price Doesn't Matter with David Tisch & Terrence Rohan
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Importance of Saying Yes at Seed Stage
At the seed stage, the focus should be on finding reasons to say yes to a company rather than looking for reasons to say no. It is crucial to identify the one reason why a company could succeed and to make a decisive yes decision when it matters. Saying yes is emphasized over saying no because the cost of omission at the seed stage is far more detrimental to returns than the cost of commission. Saying yes to the wrong company is inconsequential compared to the repercussions of saying no to a potentially successful venture.
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