VC decision making is one of the great mysteries of the business world. In this episode we look at the range of decision making models used by VC funds. Elizabeth Yin of 500 Startups wrote a great blog post on the topic. She was also generous enough to record some follow-up thoughts for this episode.The secret behind VC partnerships…
The take home point is that venture capital funds fall on a spectrum with champion based decision making on one end and consensus models at the other. The key is doing your homework.Bonus Info On Elizabeth Yin
Here's how Elizabeth describes herself: Partner at 500 Startups; Investor in seed stage companies and run the Mtn View accelerator. Formerly CEO / Co-founder of LaunchBit (acq '14) and marketer at Google. BSEE from Stanford, MBA from MIT Sloan.
I can't thank Elizabeth enough for calling and leaving some answers to follow-up questions. She has a great blog and is very active on Twitter.