I found this rather interesting and have definitely noticed a trend of prioritizing repeat founders. But just yesterday I spoke with someone who was concerned that they lack the motivation given their financial security.
Venture is inherently risky but it seems people are increasingly trying to de-risk it whether it be backing established managers, waiting for PMF, or only funding repeat founders.
Why serial founders still have an edge over first-timers
(pitchbook.com)1 points by bix6 3 hours ago | 1 comments
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Venture is inherently risky but it seems people are increasingly trying to de-risk it whether it be backing established managers, waiting for PMF, or only funding repeat founders.