1 Answer
Views • Upvoted by Dave McClure, I've been an angel investor in 13 startups personally, and over 500+ companies as a VC (Founders Fu…
Most Viewed Writer in 500 Startups
Yes, although it's not intentional. We don't seek out new investments w/ the mindset of, "Hey let's invest in a company that's directly competitive with XX!!"
With 100+ investments, it'd be impossible to avoid any competition. Given that we have certain areas of interest wrt investments (e.g. family/education, financial services, SMB solutions, search/social/mobile/emai
Given that, we try to be as transparent as possible to both current investments (that we might invest in a similar startup and if they're comfortable with it) and to prospective investments (that we have similar startups in our portfolio). So far this approach has worked well.
With 100+ investments, it'd be impossible to avoid any competition. Given that we have certain areas of interest wrt investments (e.g. family/education, financial services, SMB solutions, search/social/mobile/emai
Given that, we try to be as transparent as possible to both current investments (that we might invest in a similar startup and if they're comfortable with it) and to prospective investments (that we have similar startups in our portfolio). So far this approach has worked well.
