{"id":11022,"date":"2017-07-20T19:53:59","date_gmt":"2017-07-20T23:53:59","guid":{"rendered":"https:\/\/www.duck9.com\/?p=11022"},"modified":"2017-07-20T19:53:59","modified_gmt":"2017-07-20T23:53:59","slug":"meetings-and-deal-implications","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/meetings-and-deal-implications\/","title":{"rendered":"Meetings and Deal Implications"},"content":{"rendered":"<p>By Larry Chiang<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">The average VC firm screens 200 companies and only makes 4 investments a year.<a href=\"https:\/\/t.co\/vO0s9Stjh5\">https:\/\/t.co\/vO0s9Stjh5<\/a> by <a href=\"https:\/\/twitter.com\/anbuteau\">@anbuteau<\/a> <a href=\"https:\/\/t.co\/ow1T3Aq8zT\">pic.twitter.com\/ow1T3Aq8zT<\/a><\/p>\n<p>\u2014 Elaine Ou (@eiaine) <a href=\"https:\/\/twitter.com\/eiaine\/status\/888169121107423233\">July 20, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2017\/07\/vc-does-4-deals-per-year.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-11023\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2017\/07\/vc-does-4-deals-per-year-1024x118.jpg\" alt=\"vc-does-4-deals-per-year\" width=\"1024\" height=\"118\" srcset=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2017\/07\/vc-does-4-deals-per-year-1024x118.jpg 1024w, https:\/\/www.duck9.com\/wp-content\/uploads\/2017\/07\/vc-does-4-deals-per-year-300x35.jpg 300w, https:\/\/www.duck9.com\/wp-content\/uploads\/2017\/07\/vc-does-4-deals-per-year-768x88.jpg 768w, https:\/\/www.duck9.com\/wp-content\/uploads\/2017\/07\/vc-does-4-deals-per-year.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><br \/>\nThe numbers do not look great for a VC to fund a stanford engineer. Okay so&#8230;<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">that means 98% of founder-investor meetings are a waste of time for the founder. No wonder they&#8217;re all doing token sales.<\/p>\n<p>\u2014 Elaine Ou (@eiaine) <a href=\"https:\/\/twitter.com\/eiaine\/status\/888170183650459648\">July 20, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang The average VC firm screens 200 companies and only makes 4 investments a year.https:\/\/t.co\/vO0s9Stjh5 by @anbuteau pic.twitter.com\/ow1T3Aq8zT \u2014 Elaine Ou (@eiaine) July 20, 2017 The numbers do not look great for a VC to fund a stanford engineer. Okay so&#8230; that means 98% of founder-investor meetings are a waste of time for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,16],"tags":[],"class_list":["post-11022","post","type-post","status-publish","format-standard","hentry","category-stanford-engineering","category-venture-capital"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/11022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=11022"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/11022\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=11022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=11022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=11022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}