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Active Early and Follow on Stage VC (Best in Seattle)

Fund: Madrona Venture Group

Posted by daveschappell on 2010-11-24

PUBLIC:

Madrona made a very rapid investment decision with my first startup (as founder/CEO). In hindsight, they took a huge risk on me and the team, based on our reputation, and feedback from people who worked with us. The market size was hard to pinpoint, and yet they believed in the team, gave a fair and fast term sheet, and have been incredibly hands-on with me, which has been greatly-needed, as many of the growing pains as a first-time CEO were exhibited over the first 2-3 years.

They continue to add value in myriad ways (introductions, negotiations, hiring) and I'd highly recommend them to early-stage entrepreneurs.

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