StartUp Fundraising: The Importance (or not) of a warm intro

Explore the ongoing debate about the importance of warm introductions in the startup community and how they impact investors' sourcing strategies.

Marc Andreessen, a well-known venture capitalist, has expressed the importance of warm introductions in the startup world. In an interview with Business Insider, Andreessen said, “If somebody shows up without a referral, it’s just, it’s really hard. I mean, the quality of the people who show up without referrals is typically pretty low.”

On the other hand, there are some who argue against the concept of warm introductions. For example, in a blog post for TechCrunch, entrepreneur Andrew Gazdecki wrote, “It’s time for investors to re-evaluate the way they source deals and stop relying solely on warm introductions. The reality is, founders are everywhere and limiting oneself to introductions from one’s own network is a self-imposed handicap.”

Ultimately, the decision of whether to rely on warm introductions or not is up to each individual investor or entrepreneur. It is important to consider both sides of the argument and make an informed decision based on one’s own goals and values.

Related Post

StartUp Founders: Era Of AI First thumbnail

StartUp Founders: Era Of AI First

Think of AI as horse & carriage vs car. You’ll still get there, just 84 days later. If Time to Market (TTM) is your metric, then you’re already late.

StartUp Founders: Outcome Driven Design thumbnail

StartUp Founders: Outcome Driven Design

Founders who reverse-engineer from the outcome dramatically speed up time to market, build a product that solves the problem and get into traffic fast.

StartUp Founders: Start Smoking thumbnail

StartUp Founders: Start Smoking

Iterating your MVO through smoke testing is the first step to mitigating product risk, the last step before building and a pathway to product-market fit.