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A comment on I sold Baremetrics. Parent comment

Re:I sold Baremetrics by fairity on Tuesday November 10, 2020 @05:30PM (#25052952)
If they do this 10 times, they will establish a well-known reputation for being founder friendly. This would cost $8M.

They are investing $1B over all their funds.

Will the impact a founder-friendly reputation has on deal flow and close rate increase their fund's ROI by 0.8%? Almost certainly.

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Re:I sold Baremetrics by probe on Tuesday November 10, 2020 @06:35PM (#25053591)
Yeah close rate is a good alternative way to look at it. GC can always have Josh as a founder reference to chat with a founder on the fence - at current market they could probably turn over in one deal (i.e. opp to invest in another business they wouldn't have won otherwise, at the same amount as Baremetrics). Great move for everyone!
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