Farooq Abbasi, founder and general partner at Preface Ventures, invests in early stage enterprise software startups. An optimist by nature, he entered into VC at the age of 19. He shares why founder openness, commitment and grit are key to investments.
- Career trajectory indicates long-term commitment to the mission of a startup
- Best VCs aim not to poke holes in the business but to illuminate risks and achieve a shared understanding
- Honest and frequent communication is critical for a healthy founder-VC relationship
- Respect competitors but realize their weaknesses
- Non-profit: Diversity VC)
