[designkid31]

> The moment we let firms know that we had a lead investment offer, our conversion rate with them went from near-zero to over 80%.

This is mind blowing and not surprising at the same time.

[xenospn]

Not at all - anyone who has ever tried raising money from VCs knows that they are extremely risk averse and always looking for someone else to lead the round. It doesn’t even matter what you’re building as long as other people are investing.