Why Landscape is so important to the venture community

Yesterday I said I would explain why Landscape is so important to the venture community, founders VCs, and investors.
https://lnkd.in/eE--_7qH

It is nice to have a good rating like I do but it's not the most important thing.

What is? Behind the scenes, there is an anonymous slack channel for founders. Any founder can ask for feedback on any VC and get brutally honest feedback on them almost instantly.

What does this mean?

• It doesn't matter if you curate the reviews on the main page only offering them to those who you know will give you good feedback (we are all a little guilty of this). Founders will get the honest opinion anyway
• Founders need to be on there to find out who they are dealing with. Hopefully you have choices of who to take the money from and to spend time engaging with and you can spend that time more effectively
• VCs with poor reputations will struggle to get into deals. Founders have options and will increasingly do so as venture gets more competitive (and it will despite the current environment)
• Investors into funds need to know how that fund is perceived on the landscape slack channel. The best deals will be competitive, the founders will have options, and VCs with poor reputations will not get those deals. If you invest in a VC with a poor reputation, no matter their historic performance, you will struggle

PS If you read this far and it's convenient, a 1pm slot has opened up for coffee with me in London. Shushhh
https://lnkd.in/eqrt7Jng

Ask me anything.

#founders #startups #venturecapital #investing #buildinginpublic #investinginpublic