Here are 10 things we look for when investing in startups (and founders):
1. B2B SaaS or Enterprise Software: This is our specialty and our main area of expertise. We’re looking to invest in startups that define themselves as part of the B2B SaaS or Enterprise Software sector.
We recently closed on a $4.5M investment in @GoVanHack, a software company dedicated to connecting international tech talent with top employers in Canada and Europe. We look forward to journeying with @ilyabrotzky and his team! https://t.co/VbtwzKrsgx
Golden Section is thrilled to announce our partnership with @Payeload, an innovative transportation management platform that is disrupting the way shippers and carriers optimize their supply chain operations using #AI and #ML. https://t.co/GmW5SLR7W0
Golden Section is thrilled to announce our recent investment in @SinecureAI, a talent discovery platform that leverages AI-powered products to deliver highly qualified and #diverse candidates for organizations. #b2bSaaS https://t.co/Cz1YIt84x0
Here are 10 things we look for when investing in startups (and founders):
1. B2B SaaS or Enterprise Software: This is our specialty and our main area of expertise. We’re looking to invest in startups that define themselves as part of the B2B SaaS or Enterprise Software sector.
10. Pain relievers: If you have a headache, you take a pain reliever and feel better. When we look for products, we look for pain-relievers, not nice additional features that may or may not be necessary.
Kristen Phillips of Golden Section (@GSTDev) shares her outlook for VC investing in B2B software, including the greatest opportunities and challenges. Check out the podcast here: https://t.co/1jpRlDLDcn
@jefielding That is so true! Especially if you're building a company towards its meaningful exit, the more equity you retain as a founder, the more you will benefit from selling your company at the right time, at the right price, and that does not mean when you're a unicorn
@jackmcclelland Value add with value creation. We try to balance our guidance and support to founders with value creating actions and activities. But either way, founders need guidance, support, and community to succeed on their journey.
@joeprkns Absolutely! it helps to dig into your personal experiences, and talk to people in the market you're trying to solve a problem for. If you can't do that, partnering with an investor who can is the next best thing. Our due diligence process may help you figure that out if B2B SaaS.
@agazdecki that's the value of founders who are subject matter experts in the area they are building a solution for. It's especially relevant for B2B SaaS, but regardless of the vertical/industry how deep the founder understands the problem they are solving for and the market is key.
@MartinGTobias That amazing subconscious is a big part of why investing in and building brand awareness, even at early-stage companies, is so important. It's what will make people think of you when they have a challenge, or be more receptive to your pitch.