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One Month Between Posts Here on the Funded Discussion

Letter of Intent Discussion

Aggressive Procurement Discussion

Need Advice and Suggestions! Discussion

Roadshow Discussion

Pricing Strategy Enterprise Discussion

How Should I Respond? Discussion

Juicero: Classic VC Folly Discussion

Mini Ipo Discussion

Who are Your Other Customers? Discussion

M&A Terms Discussion

Looking for Patent Attorney Discussion

Founder Vesting Discussion

Who Do You Talk to When You Hit Burnout? Discussion

VC Intro Ends Up Being a Finder Discussion

US Central Software/B2B Up Round Terms Term Sheet

How Many Months and Pitches Did It Take to Get Your First Outside Round? Discussion

Debt Financing 2 M by Crowdfunding Discussion

Crowdfunding Discussion

Finder's Fee: Who Should Pay It? Discussion

Term Sheet Non Sequitur Discussion

One Traction Innovation Accelerator Discussion

How to Get an Adviser that Does Not Get It to Get It? Discussion

Discussion about Anti Dilution Protection for a Departed Founder Discussion

Good Pitch; No Term Sheet Yet

Khosla Ventures

We got a cold email from an associate after he saw an article, talked a bit more over email, then set a time to meet. The meeting went well but we're fairly early so I didn't sweat it. Then we got a call back for a meeting with Vinod a couple weeks later - great.

Vinod was direct and moves quickly (like the speed of dialogue in West Wing - you had better keep up), but he was quite respectful. I hate talking to VCs that just sit there on their phones and only half listen, but Vinod actually engaged with us. Yes, there were some tough questions... but I would be more concerned if there were just a bunch of softballs. There are comments on here about Vinod being an ass, but we certainly did not experience that. Even if we had, I'm not looking for a friend. I'm looking for someone that will write a small check now so I can write them a really fucking big check in 5-10 years. In the meantime, I expect them to ask difficult questions, challenge me and my company to do better, and help out with whatever skills and non-monetary resources they can.

I'm not sure what, if anything, will come from this but I had as good of an experience as I could have expected. Obviously, I'd love to get a term sheet or another meeting, like, yesterday. So far they seem to move on the same timeline as other VCs we've talked with - unless you're doing a hot round, it can just take some time. The staff and associates we've talked to are all very professional and seem easy to work with - bodes well if we do move forward.

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