Mark Suster

thank you. fixed the link. appreciate it.

I knew that my 50/50 example would likely skew very heavily from the real world examples of when accusations or real or when they’re not. The reality is that I’ve been involved with 4 cases and two of them were likely fabricated. I can’t change that. It just is.

Any angel who’s asking for that before the first meeting is the wrong angel. LTV/CAC is a great “pocket slide” but cohort analysis on a first pitch is the wrong level. If an angel is demanding this either the presenter isn’t in control of the meeting or the angel is the wrong person.

Hey, Arlo. I always felt that way, too. But on the other side of the table I can tell you it’s sub-optimal. I know VCs should be able to read a bunch of executive summaries but there’s two problems:

1. It isn’t the best format for an entrepreneur to make a compelling case since most humans are visual thinkers; and,

Rebekah,

Raising capital is an imperfect process and VCs are imperfect people. So, too, are entrepreneurs. I know much of your commentary was flippant and not asking for a response but let me try:

1. VC too busy. Yes, this is true. When you get to the point where you get hundreds of emails…

Simply that if investors don’t fund you and if you’re not profitable then you’re out of business.

My personal view is that you should always raise 18 months at least if you can. Maybe 15. Obviously if less money is available you do what you have to do. But then keep costs down.

Not very often. It’s just a planning assumption. Another can be revenue “sensitivity analysis.” The key is having a plan, constantly checking it and adjusting it to make sure you have sufficient cash.

I knew somebody would say that, Katherine. I get this every time I speak up. Of course you know that I didn’t say that women need protection from men or that women are weak. I didn’t say either of these things. Many women have been publicly asking for more men to speak up. I’m simply supporting them.

Thank you for responding — I appreciate your comments. Just a few short points.

1. I’m not saying it’s right for everybody to disengage with people who supported Trump initially but are regretting it. But if you still support Trump now then that says something about your character. And if you still support Trump you’re not…