- Startup Archive
- Posts
- Marc Andreessen explains why it’s worthwhile to talk to junior VCs when fundraising
Marc Andreessen explains why it’s worthwhile to talk to junior VCs when fundraising
You’ll sometimes here people advise founders to not “waste time” talking with junior people at venture firms because only the senior partners have the authority to make investment decisions.
Marc believes this would be a mistake and says that if he was a first-time founder again, he would spend a lot of time with junior VCs for two reasons:
Refine your pitch before talking to senior partners. “They can read the minds of the senior partners. They can tell you how its going to be received. And they can help you.”
Senior partners listen to the younger people at the firm. “The senior partners at a firm like ours look to the younger people a lot and ask, What’s interesting? We count on the younger people to stay connected, especially to the first time founders… I really encourage people to take the younger people in these firms seriously.”
Full video: Y Combinator “Marc Andreessen at Startup School SV 2016“ (Oct 2016)
P.S. We’ve put together a YouTube playlist with every Marc Andreessen insight we’ve ever shared. You can watch it here: "Best startup advice from Marc Andreessen”