SyndicationJournalAboutHandbook
STORIES

A short "love" letter to silent VCs

Saying NO is hard. No decent person likes this, including VCs, of whom it is part of the daily routine. As a 6x founder, here’s my aggregated experience of how VCs tackle this issue πŸ‘‡
Dmitry Samoylovskikh
πŸ‡ͺπŸ‡ͺ Founder @Uniborn
1 min read

70% do not get back

No, founders don’t think that the email might have got lost, or that you’re super busy. They think you’re a jerk. They also run CRMs logging contacts and responses. Not getting back is the worst thing you can do.

25% get back with a template email

Normally it’s something like:

β€œUnfortunately, we won’t move forward, but there’s nothing wrong with you, we turn away a lot of promising startups, and unfortunately, we can't give you individual feedback”

5% do it the right way

They do get back with personalized feedback AND suggestions that may include among others:

  • Why we can’t move forward right now;
  • What may change our minds in the future;
  • Who are the investors that might be interested at this stage;

I guess plenty of VCs don’t realize that founders do communicate as well. If you’re here for the long term and want to be the first point of contact for great future founders β€” deal with your inbounds in a nice manner. It differentiates you from the other 95% straight away and creates a good foundation for years to come.

Share this article

Uniborn is a community-led platform for sourcing, sharing, syndicating, and amplifying startups.

Uniborn is a trade name of Uniborn OÜ, registry code 16515953, Rotermanni 6, Tallinn, 10111, Estonia.

We are not intended to be a substitute for legal, tax or financial advice.

Uniborn OÜ is licensed by the Estonian FIU as Trust and Company Service provider, operating license FIU000420.

JournalAboutHandbook
Terms and Conditions
Privacy Policy
Risk Disclosure
Cookie Policy