Gaurav Jain, co-founder and managing partner at Afore Capital, describes the process of leading pre-seed and seed stage investments. He gives examples of founders of startups with unproven business models and what convinced him to invest.
- Think non-linear to create non-obvious insights like Kyle Vogt, founder and CEO at Cruise Automation
- Learn by playing in the field not by operating in vacuum
- Velocity of fund raising has increased because of remote work
- Once a VC commits you can't fire the investor nor can the VC un-invest in a startup. The VC - founder relationship is long-term lasting more than 10 years.
- Non-profit: American Civil Liberties Union)
