Capital is one production factor.
And information is the most important one.
But for your own orientation and for a great chance of succeeding every time, you need to install a certain system.
I interviewed the VC Foundry Group a while ago. They offer the relevant capital many Entrepreneurs need for starting. It´s their only product. It´s one of the most important production factors. But they also have to go after their own system, work and Information Mgmt.
The Foundry Group names their system “syndication agnostic”. The´re happy to invest with others when they think they are additive and they are also happy to go alone – alternatively.
Let me offer you some of their rules: their maximum investment is set to $ 10 Mio. and their potential companies need to meet intermediate milestones in order to keep going. The Foundry Group did their work when defining their milestones. Co-investors are mostly welcome and in the meantime they prefer working with their choosen VCs. People meet. It´s about trust, whom you like and whom you respect.
It´s their freedom to decide about an independent investment model or a syndicated one and while at the same table, the Entrepreneur will make the final choice about a syndication.
– got your rules set? Then you´re ready to name your system!
BE A DECISION MAKER. BECOME OUTSTANDING.
rita jaskolla – Leadership Architect –