One of the issues that’s cropped up with our “perma-lead” investor model is that discussions with VCs on funding have taken on a shape that I’m not as used to.  In my previous startup experience timing has been everything with VCs where the remaining runway is as much a source of pressure for the VCs as it is for us.  Given where we are in the cycle and who our initial investors are, runway is not an issue. So the discussions with VCs, strategics and opportunistic funding sources have all turned a bit casual.

Also, the change in the mentality of the VC who typically leads a round to what will definitely be a co-investor is another twist.  I will be interested to see how due diligence is approached given the scrutiny that our parent companies give us.

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This entry was posted on Thursday, July 10th, 2008 at 2.54pm and is filed under VC, startups. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.