Neal Bloom explains why investors struggle with deal overload: too many startups chasing limited attention. He argues momentum matters more than most realize, and proposes four simple human questions to streamline decisions during peak fundraising season.
The biggest problem, really, that most investors have is that there's too many companies, to be honest, to look at. There's, especially as soon as you raise your hand that you are an investor, everyone finds you. Every startup finds you, okay? People smiling, people know. And there's a tight time frame and a variety of reasons why time matters and attention and momentum matters. Okay? Companies that are still raising 2 years on the same thing that when you met them 2 years ago, nothing's really changed, is a little telling to a certain guard. Companies that everything changes every day you talk to them, also is very telling. So there's some piece around momentum, but I'm going to break this down into 4 really easy human questions for you tonight. And if we get this right, if we, you know, learn a little bit about how we are as evaluators, with a very easy framework. It's going to make March to May for the SDAC community hopefully easier, more streamlined, and more efficient.
