We think "pay-to-pitch" is counter-productive when you're looking for capital-efficient startups. So we've developed a screening process that's quick, cost-effective, and scalable for you, as well as us.
At RSCM, we designed our fund specifically to handle lots of small investments. So, unlike most VCs, we don't need huge exits to cover our costs.
To optimize the composition of their porfolios, VCs like to preserve the "option value" of changing their minds to yes. Because we're highly diversified, we can afford to make a final decision quickly.
The pieces are now in place for us to help revolutionize seed funding!
First, check out the coverage of the alliance we've joined that will offer seed stage investments to every company in the TechStars classes of 2012, 2013, and 2014.
Second, check out the coverage of our "no gut feel" approach to valuing seed stage startups.
We've made an initial version of the screening software that implements this approach available as a demo. Of course, we'd love your feedback. But we also hope you'll find it useful in planning and executing your funding search. It doesn't take long to fill out and we'll give you an estimated pre-money valuation in seconds!
Our goal is to begin general direct investments in Q2 of 2012.
Describes how we think about seed stage investing
Summarizes the role of Angels in the startup ecology
Our review of the relevant academic research on volume
Our review of the relevant academic research on returns
Shows job growth would be negative without startups