For angel&seed rounds, we move quickly. Our investment decisions are made within the first 24 hours of the fundraise meeting and at max 48 hours1).
Met at Demo Day, was quick to make a decision and wired the funds immediately. (2019)
– YC Founder
Angel/seed-stage investments are made primarily based on 2 factors:
- Primary factor: Our understanding of the founders
- Secondary factor: The space they are in / the problem they are trying to solve
We look for 3 things from the founders:
- Intellect: Who can problem solve creatively, are able to navigate across different abstraction layers, and are resourceful.
- Tenacity: Highly conscientious people who work hard, are relentless, and don’t give up.
- Integrity: Who will consistently do the right things and build lasting trust with people.
We invest primarily in technology companies that have potential to impact the world/universe at scale. We look at the problem they are trying to solve, the market they are in, and/or the product they are building. The initial idea may look small, and that’s okay. We’ll imagine with you on how big the idea can possibly become.