Venture capitalists David Ulevitch and Semil argue category risk and tight schedules make passing on initial meetings necessary
Ulevitch says deciding on follow-ups is like deciding to turn that second card over
Story Brief
Ulevitch says deciding on follow-ups is like deciding to turn that second card over
Source Posts on X
Cluster sources
SemilTECH
Two lessons for me here: 1/ “Category Risk” for founders is a real thing. Fair or not, VCs will simply decline the meeting in their email. But it also presents an opportunity for VCs. 2/ “Turn over one more card,” like many aspects of Texas Hold ‘Em, can apply to many things in life, way beyond deal-making.
David Ulevitch 🇺🇸@daviduTECH