Precursor VenturesA classic pre-seed and seed stage venture capital firm

What Makes a Fund Manager Stand Out #ai #siliconvalley #venturecapital #tech

23 Mar 2025 · 1 min

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Precursor Ventures explains what makes fund managers stand out: they need to be 'founder magnets' with the reputation and networks that make founders choose them. During 2019-2021, many VPs at big companies launched funds trading on their visibility, but the real question is why founders would pick you over other options.

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So he talked to Connie about backing founder magnet funds, funds where founders are simply drawn to work with the fund managers through their strong reputation and experiences and knowledge. My question is I'm sure actually all tourist fund managers claim that they are founder magnet funds. So what actually stands out when you're looking at fund managers to them?
This is something that comes up a lot in the work I do at Screen Door on the investment committee. I almost always ask people why are the founders that are perfectly inspector strategy going to choose you instead of someone else. And I think in 19, 20 and 21 we met a lot of founders who are executives at high profile companies who said you know what I'm going to do? I'm going to use this position I have as a VP at such and such company because my company's hot. People are coming to me for advice and interest. I'm going to use that as a lever to start a fundamental.