GenuineVC David Beisel's Perspective on Digital Change

May 23, 2006

I couldn’t help but laugh when I read Paul Kedrosky’s post Tribble Trouble last week, where he laments that the number of people who show up at an entrepreneur’s first meeting at a VC’s offices can multiply,

“And then … you show up for this first meeting, thinking that you’ll have a nice, informal chat — and wham! There are five people in the meeting. There’s the person you emailed with, but there’s also an an entrepreneur-in-residence, two associates, and a partner who comes late, then keeps going in and out, checking email, and generally acts like he/she is double-parked… A one-VC meeting turns into a two-VC gab-fest, which turns into a four-VC presentation, and so on.”

It’s indeed true that this situation can and does occur… often. But I think the situation can be proactively managed (see #4 here) by asking beforehand both who is invited and who will likely join the meeting. The answer may (read: will) change on the day of the meeting, but raising the issue will serve as a good guidepost and could lead to a discussion about how many people are appropriate, if need be. And if a more informal one-on-one conversation is ideal, directly asking for it makes intentions and preferences known. Also, while some VCs don’t drink coffee, I think meeting somewhere for coffee or breakfast, when it is purpose-driven and/or genuine advice-seeking, is a good way of ensuring an audience of one. For some reason, VCs don’t travel in packs outside the office.

  • Andrew Fife

    If one is truely seeking advice than coffee outside of the office is great idea on how to keep the meeting small. However, when I am presenting to a VC, I’d like to have as many decision-makers in the room as possible and I can’t see any downside to having multiple members of the firm sit in on any meeting when I’m trying raise capital rather than seeking confidential advice.

  • Erik

    What’s worse is keeping track of it all during conference call pitches.

    I was doing a call with a west coast firm. I had already met in person, and pitched one partner. This was a call to get some buy in from partner #2, it started out just me and him on the call. About half way through the call I realized that he was no longer alone at the other end, he had called in a third partner. By the time the call ended there were 3 people on the other end of the call.

  • ugg boots outlet store

    UGG Cardy Boot online for hot sale. UGGS Outlet All are 100% quality with original packing.Clearance UGGs On Sale now, save even 55% discount off.Free shipping throughout the world. ugg boots outlet store one week to your door.

About Me

  • avatar
  • I am a cofounder and Partner at NextView Ventures, a dedicated seed-stage venture capital firm making investments in internet-enabled startups. Read More »



Rob Cho Go

Lee Hower


NextView Twitter Stream

  • Lee Hower
     - 17 hours ago
    @epaley in June 223K new jobs, but 432K people dropped out of labor force… participation fell to lowest in nearly 40 yrs
  • Lee Hower
     - 17 hours ago
    @epaley doesn't make sense when lower unemp % being driven mostly by ppl dropping out of labor force, not getting new jobs
  • Lee Hower
     - 17 hours ago
    @epaley but some have suggested US is moving to a lower equilibrium for full employment, e.g. "normal" unemp % is now lower than historical
  • Lee Hower
     - 17 hours ago
    @epaley yes net job creation is obviously good… monthly avg in 2015 slower than 2014, but still a bit over 200k/mo thus far thru 1H
  • Lee Hower
     - 17 hours ago
    @shaig most fintech focus on pymts & lending, I'd also try to include speakers that can touch on insurance too (will think on suggestions)