I helped make Amazon a billion dollar company. Really. Is that a successful exit even though I wasn't a founder of Amazon?
You don't really know because you don't know if I was a warehouse employee hired for a holiday season or if I was instrumental in something in the early days.
Obviously investors are funding people without prior exits where they were founders, otherwise there would be a chicken and egg problem.
I would like to see stats as to the number of "successful exits" the average founding team that raises an A round has.
But clearly I should emphasize the exits on the pedigree slide of our pitch deck.
You don't really know because you don't know if I was a warehouse employee hired for a holiday season or if I was instrumental in something in the early days.
Obviously investors are funding people without prior exits where they were founders, otherwise there would be a chicken and egg problem.
I would like to see stats as to the number of "successful exits" the average founding team that raises an A round has.
But clearly I should emphasize the exits on the pedigree slide of our pitch deck.