VCs who squeeze founders on every deal damage their own future returns. Founders improve with each venture, but only if they want to work with you again. The best investors play long term and build relationships where both sides actually win.
There's some VCs who try to squeeze every penny to show a good return in the current fund, but they're never going to have the founder work with them again in a future company. And normally the founder gets better in the next company and the founder is going to get a better return. But if you try to squeeze every penny and, you know, don't give a founder a good ROI, the founder is not going to work with that VC again. So we've been very fortunate this time where Every VC we work with, they understand it's got to be a win-win. You folks have been great. We've been fortunate to work with other investors who are that way as well. And it just makes for a more harmonious relationship as well. It's more fun to work with people like that instead of people who, you know, try to make it a win for them and try to, you know, make it a lose for others.
Paige of Behind Genius driving an AI electric train in St. Louis (Intramotev Visit)
