Sramana Mitra: Do they listen to your advice? Jonathan Pines: In some cases, they do. In some cases when someone’s offering money at a high price, it can be very tempting to take it. The other piece that’s important is to be aware of the terms of the round. In some cases, the highest-priced offer
Sramana Mitra: Some examples in your current portfolio. Jeremy Schneider: There’s many. For example, PagerDuty is a company that we’re huge fans of and feel very lucky to work with. We met them through YCombinator but what made us really want them is, they had a great team. Two is that Maynard struggled with this
Sramana Mitra: If you look at your last 15 months deal flow, what do you see? What are the highlights of the trends you see in your deal flow? Jeremy Schneider: One thing that has been exciting for us is that WIN has been around now for about eight years. In 2017, we started to
Sramana Mitra: Let’s now talk about stage and how big is the fund that you’re investing from. What sized investments do you like to make? Jonathan Pines: In terms of stage, we tend to focus on the seed stage. That’s not necessarily first angel money in but usually the first sizeable $1 million to $3
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Jeremy Schneider and Jonathan Pines of Webb Investment Network was recorded in March 2018. Jeremy Schneider and Jonathan Pines, both Directors at the Webb Investment Network, discuss their firm’s investment thesis. Sramana