🦄 🤔 This post, written by Scott Dommett, an Investor here at Rampersand, has sparked SO MANY conversations. Podcasts and news channels have picked it up, and it has been a bit of a surprise packet of resonance in the community. Scott shared this comprehensive rundown on how we decide which founders we believe have the potential to build unicorns. Every #VC fund is different, but at Rampersand, we stage-gate the various levels of our deal flow funnel using our "What Do We Need To Believe" (WDWNTB) framework. We are thrilled that our transparency has resonated, so we're re-sharing ICYMI. Check it out below 👇
The VC investment process can often be very opaque. Founders regularly ask us "What are the next steps from here?" To bring clarity to the process, we've pulled together a guide on how we think about new investments. At Rampersand, we think about investing through the lens of our 𝐖𝐡𝐚𝐭 𝐃𝐨 𝐖𝐞 𝐍𝐞𝐞𝐝 𝐓𝐨 𝐁𝐞𝐥𝐢𝐞𝐯𝐞 (WDWNTB) framework. In essence, we identify the critical assumptions needed for your start-up's success and then determine if we can gain conviction in them. If you have any questions about our process or are thinking about raising capital, shoot me a message and let's chat!