Founders: Transparency

We don’t want founders to feel surprised by anything they encounter during our investment process.

First, we’re going to explain all the steps up front, including the time each will require. Then we’ll actually follow that process, keeping founders informed at every step. Our combination of short processing times and frequent updates will make sure people never feel like we've forgotten about them.

Second, we’re going to publicly disclose our document templates. Before founders ever apply for funding, they'll know what kinds of terms will be in our term sheets, what the investment agreement will look like, and what employment agreements they'll have to sign. In return, we’ll expect quick decisions because they'll have time to do their homework before we make an offer.