A VC firm uses thesis-driven questions in online applications instead of cold-pitch calls, cutting founder meetings to six per week. The asynchronous process respects founders' time while letting investors evaluate more opportunities without the traditional Zoom bottleneck.
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So we're very thesis-driven, so we can ask a lot of very specific questions and we can just ask those upfront. There's no need for me to hear them as a cold pitch on a Zoom call when I know pretty much exactly what I'm going to ask on that first 30 to 45 minutes of that. So now we just ask it upfront in a sort of asynchronous application process. And, you know, there's definitely some founders that don't like that, but by and large, I think a lot of them realize that it's a lot more efficient these days. You know, it's probably like maybe 6-ish Zoom calls with founders per week, down from a lot, lot, lot more than that. And that's mostly just getting like more efficient, right? Being able to sort of make sure that we can either pass or move things forward before we even, you know, use the founder's time, which is also valuable, uh, as well as our time on a call.
Yeah, absolutely. I think asynchronous is an aspect that's been underutilized in traditional venture capital. And to your point, I think it's an incredible tool in helping scale an investment process.
