🚀 How does FIRSTPICK evaluate 1,000 startups annually and make investment decisions almost monthly?
One of the most impressive things I saw while researching for the interview with Jone Vaituleviciute, was how quickly FIRSTPICK's team can evaluate startups and make decisions. So many VC firms close only 3-4 deals a year and FIRSTPICK operate at Lightspeed announcing a new deal almost every month this year!
In the episode, Jone shared the secrets behind their incredible evaluation process.
✨ Key Takeaways:
- Their streamlined evaluation framework enables quick, data-driven decision-making without compromising quality.
- The role of investor conviction vs. consensus in speeding up investment decisions.
- Why investor intuition, backed by robust data, is pivotal for early-stage investments.
🎧 If you’re curious about how venture capitalists operate at such scale and speed, this episode is a must-listen!
🔗 Link to episode in the comments.
#VentureCapital #StartupInvesting #Podcast #Innovation #Startups #VCintheCEE
Founder, President & CEO at Hager Biosciences
1wWayne, insightful discussion & triggered some nostalgia