Sramana Mitra: I’m surprised that you haven’t talked about selling when these very high level of investments start coming into a company. Sometimes it’s not just companies that are not just doing well. Sometimes if a company is a hot company, the trend has been to raise huge amounts of money. There are risks raising
Sramana Mitra: Your point about the fund sizes being larger and mitigating the later stage pro rata opportunity is well taken. I’m going to elaborate on my question. There is a lot of competition to get into some of the deals for Series A and Series B. If you look at the numbers, there are
Sramana Mitra: What about geography? What’s your preference? Jake Seid: Proactively, I’m focused on Silicon Valley and outside of Silicon Valley opportunistically. Sramana Mitra: Talk about your current portfolio. What are the highlights? What have you invested in? How do you decide what you have chosen to invest in? Jake Seid: We look at great
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Jake Seid of Stone Bridge Ventures was recorded in November 2017. Jake Seid, Managing Director, Stone Bridge Ventures, talks about trends, AngelList Syndicates, ICOs and more. Sramana Mitra: Tell us about Stone Bridge Ventures.
If you have the stomach for it, the metal to carry on, the energy to bootstrap to a point where either you CAN get funded, or generate enough revenues and become profitable, we can help.
Just because you have been rejected by VCs doesn’t mean you cannot build a great business. Marc Benioff was rejected by pretty much ALL the VCs he approached. Didn’t stop him from building Salesforce.com into a multi billion dollar enterprise with global impact.
What is your business model? Do you have one, or is it TBD? Is it Freemium?
Do you know the difference between a business model and an exit strategy? Are you building a business that has a real, viable business model? Or are you trying to do an Instagram?