VCs are short on time and attention span as they meet large numbers of companies every week. Like raccoons, they often are distracted by the latest shiny object in the form of a new company or product. If you pitch them for a Series A and they pass, it is very hard to go back to raise money from them a few months later (even if you have significantly more traction). Every time you pitch a VC and they pass, the bar for them to invest in your company later goes up.
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The Danger of Pitching VCs Too Early
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VCs are short on time and attention span as they meet large numbers of companies every week. Like raccoons, they often are distracted by the latest shiny object in the form of a new company or product. If you pitch them for a Series A and they pass, it is very hard to go back to raise money from them a few months later (even if you have significantly more traction). Every time you pitch a VC and they pass, the bar for them to invest in your company later goes up.