Need $500K or less? Have a PowerPoint?

January 15, 2008

If so, First Round Capital might be the right VC for your to work with. Their idea is to help startups prove or disprove their ideas in as capital efficient way as possible. Don’t call them if you are working on your Series A or B, call them for your angel round. Josh explains,

Our average initial investment will remain around $500,000. And our investment goal remains the same – to help an entrepreneur validate, “de-risk,” or disprove his/her hypothesis…and to do so as quickly and capital efficiently as possible. The only real difference is that we won’t be raising a new venture fund annually (as we did in the past), allowing us to spend more time with our portfolio companies and looking at new deals. So in an election year where everyone seems to scrambling to embrace CHANGE“, we’re looking forward to more of the same in 2008 and beyond. (And keep the Powerpoints coming – you can’t send them early enough!)

Written by Alexander Muse · Filed Under Blog, Venture Capital