[HN Gopher] Asymmetries in Fundraising ___________________________________________________________________ Asymmetries in Fundraising Author : akharris Score : 23 points Date : 2021-06-15 14:28 UTC (1 days ago) (HTM) web link (blog.aaronkharris.com) (TXT) w3m dump (blog.aaronkharris.com) | jfim wrote: | Out of curiosity, how would the asymmetry be resolved? If | founders have less fundraising experience, is there such a thing | as founder school where they can rehearse pitches or do mock | fundraising to be ready when the stakes are higher? | sokoloff wrote: | Maybe someone should start an early-stage investment group that | aims to teach founders these ropes. It would be a startup that | recursively creates startups. | | In computer science terms, you might think of it like a Y | Combinator. | akharris wrote: | This is why I spent so much time working on the series a | program before I left yc. many of these tactics/strategies can | be taught or partially outsourced to the right advisor. | breck wrote: | I resolved the asymmetry by becoming an angel investor myself, | and participating in dozens of deals. When I got to Silicon | Valley in 2008 without any capital that was not possible. It | took many years before I could afford sending my first $10K | wire. | | However, if you are just getting going today, things may be | different. When I started there was no WeFunder, Republic, or | AngelList syndicates. Now, you could plunk $100 into 10 | startups on WeFunder, or $1K into 10 syndicates on Angel List, | and start to build your own internal dataset on what the | investing game is like. That might hone your skills faster for | when you are trying to raise capital. Not sure if that would | work, but if I was just starting today, that's what I would do. | | edit: just realizing your question may have been tongue in | cheek ;) ___________________________________________________________________ (page generated 2021-06-16 23:00 UTC)