A short spoken excerpt from Precursor Ventures arguing that generic platform services offered by VC firms often have constrained allocation and are strategically given to portfolio companies (often earned through performance). Founders should weigh using an in-house platform person versus hiring a best-of-breed external specialist depending on fit.
Can actually really over deliver on that. But I think the generic services platforms I've never really understood those and the value prop because I think when they first came out, whether it was first round or Andreessen, a lot of founders said wow this is an amazing offering. But I don't think they all stopped and asked like well there are many of us in the portfolio and few of these resources like how are these going to be allocated? And I think most of these firms are pretty strategic with where and how they allocate their internal platform resources and in many cases you have to earn access to those resources through performance. And for me the question's always been if you need help with marketing. If I were a founder I would always ask do I want to use this firm's in house person or do I want to go into the marketplace and find a best of breed person. In some cases the firm's person is the right person, in other cases that person isn't.
