Good Positive Experience
Fund: Foundation Capital
Posted by Anonymous on 2008-11-06
I had a recent meeting with Rich there, he has not really changed much (unlike some folks in this business), he is still a what some may call a "good" fellow.
PRIVATE: Members Only (142 Characters)Foundation is One of the Best
Fund: Foundation Capital
Posted by Rclark on 2007-09-06
I have been a CEO, founder, seed investor and board member of a number of venture backed companies. The team at Foundation is one of the best from the standpoint of understanding and support for the entrepreneur. I have found them to be extremely responsive. In my most recent company I have had the opportunity to have Mike Schuh as a Board member, not only is he available 24x7 but his advice and willingness to roll up his sleeves to solve problems is very unique. The key point is we build our companies for success and Foundation is a partner that will stick with you all the way!
PRIVATE: Members OnlyAdam Grosser
Fund: Foundation Capital
Posted by Anonymous on 2007-08-17
Good guy, great intentions, very bright and creative. If he offers help (people, numbers, customers, collaborators, etc.) make sure YOU follow up, because he most likely won't.
Sometimes overly involved in the business, with visits to customers (which, as a VC, is inappropriate), but overall trying to help build the business.
Very willing to fund the growth of the business and find ways to make it "big."
PRIVATE: Members OnlyBe Careful with Ashu Garg at Foundation Capital
Fund: Foundation Capital
Posted by longspeak on 2011-04-02
Thorough Feedback
Fund: Foundation Capital
Posted by jjb9e on 2008-06-21
Foundation gave thorough feedback to me when they rejected my request for funding. I disagree with the reasoning, but appreciate the fact that they understood what I was showing them and could outline and explain their reasons for turning it down. When rejections occur, this is the way they should happen.
PRIVATE: Members OnlyStrange but Polite
Fund: Foundation Capital
Posted by Toroid on 2008-03-31
A GP called me 15 min before my pitch to cancel.
PRIVATE: Members OnlyA Professional, Useful Cold Call Experience
Fund: Foundation Capital
Posted by Annonymous on 2007-11-11
We are a new technology firm, and Foundation Capital was one of our first VC pitches for a bunch of very green entrepreneurs.
After reviewing information here and elsewhere regarding FC we decided to short list them for a potential pitch. We were unable to locate from our network a quality person to introduce us so we bit the bullet and cold emailed Mike Brown, who immediately responded and put us in contact with their EIR who has experience in our market.
After reading comments on TheFunded I was initially skeptical about meeting with an EIR but FC seemed like such a good match for us that it was worth the risk. We met Steve at the assigned time a week later. He was on time, professional, obviously knew the space we were in and asked intelligent, thoughtful questions. Overall the meeting went for almost 1.5 hours. At the end he let us know that they would not be interested in a Series A, but encouraged us to return when considering a Series B, C etc. I asked what elements of our plan would help us to be more attractive and he detailed weaknesses we knew we had, which was a great confirmation for us to help focus our efforts. Steve also mentioned he had some contacts in the area who could help us out. With that that we shook hands and though we did not secure funding I considered it a very useful meeting for limited experience, early stage entrepreneurs.
I would definitely recommend reaching out to Foundation Capital, and will be contacting them again next year when we're up for our next round.
PRIVATE: Members Only (922 Characters)