Good Pitch No Follow Through
Fund: The Founders Fund
Posted by jacktownsend on 2010-03-04
We met, they said they loved us. Said they would call on Tuesday, no call. We emailed, they said they would email on Wednesday. No email on Wednesday. Now 10 polite emails, 10 polite voice mails and 3 months later, nada. If they aren't interested, just say so, don't waste our time.
PRIVATE: Members OnlyNo Bullshit, Like a Firing Squad
Fund: The Founders Fund
Posted by Anonymous on 2009-12-21
In the morning was Sequoia, in the afternoon was Founders Fund. It was a night and day difference. While Sequoia has two partners who sit back and evaluate us (banter, pitch, questions, banter), Founder's Fund had a firing squad (principles, associates, partners, etc.) ready to interrupt you during the pitch.
To be fair, we had a number of warm introductions so the firing squad problem may have not been specific to Founder's Fund, so know the number of individuals in your meeting beforehand, so you don't have this problem.
Overall, good experience- direct, nice guys, a little bit overzealous (for those associates) to shoot down ideas, but the partners had maturity.
PRIVATE: Members OnlySharp Guys, Good Pitch Experience
Fund: The Founders Fund
Posted by Anonymous on 2008-10-14
Really enjoyed meeting with these guys. We were in late stages of our fundraising with another firm, but were introed via a friend and took the meeting.
Got grilled (in particular) by Luke and Sean. They clearly got what we were doing and offered incisive comments and feedback (positive and negative). Appreciated the no-bullshit attitude and their desire to build big independent companies with lasting legacies.
After the meeting, all of them tried our product, and Ken followed up promptly.
PRIVATE: Members OnlyStrange Phone Calls From the Founders Fund
Fund: The Founders Fund
Posted by Anonymous on 2008-08-29
Helpful if and When They Respond
Fund: The Founders Fund
Posted by Anonymous on 2008-08-28
Very bright team of investors here. They provide valuable feedback and some very helpful ideas. When they are ready to move, they move quickly.
PRIVATE: Members Only (231 Characters)In the Least, the Office is Worth Seeing
Fund: The Founders Fund
Posted by termsheettremors on 2008-05-05
Met with Luke and really liked him.
PRIVATE: Members Only (349 Characters)Has Anyone Heard From Them Lately?
Fund: The Founders Fund
Posted by E4Internet on 2008-02-27
I tried to contact them via their website. But did not get any response. Has anyone contacted them successfully lately"
PRIVATE: Members OnlyGenius
Fund: The Founders Fund
Posted by ipser on 2007-03-17
Peter Thiel is exceptionally intelligent and farsighted. He always had great insight into any venture idea.
PRIVATE: Members Only