The Full Ratchet: Vc | Venture Capital | Angel Investors | Startup Investing | Fundraising | Crowdfunding | Pitch | Private E

In this special replay episode Semil Shah of Haystack joins Nick to discuss 1st Institutional VC Fund Raised– Key Learnings.  We address questions including: Maybe we can start off with how your investment focus has evolved since the last time you joined us. What are your thoughts on how seed has split into pre-seed, seed, seed extension, and post seed? Are you investing once with a company or reserving for these various stages within seed? You just closed fund 3… tell us about the first two funds that set the stage. Would you do things differently if you could go back? Which raise was the hardest? How did the expectations of LPs change from the early funds to the institutional fund? What surprised you most about the raise? Did you connect w/ prospectives through referrals, cold calls, a combination? Walk us through the metrics… how many targets, meetings, avg commitment amt, etc. Did you ever think you might not complete the raise? What’s the best advice you got on the raise and who’d you get it from? In ou