New ask Hacker News story: Ask HN: Anyone else finding it impossible to find a lead investor?
Ask HN: Anyone else finding it impossible to find a lead investor?
2 by defencetechhn | 0 comments on Hacker News.
Hey HN! This might be somewhat EU-specific, but I feel like I'm going insane here. Currently fundraising for a seed round in an "attractive" sector (defence and AI) and we're finding it very hard to get any VCs to commit to being lead investors. VCs are super excited/optimistic about our company and willing to immediately jump on board as soon as a term sheet is signed by a lead investor. Trouble is that absolutely everyone is taking that position - leaving us in quite a pickle. I've gone through fundraising cycles before and never encountered something like this before, hearing the same from a bunch of other companies as well. I understand that the macroeconomic situation has made many more cautions, but this is just odd. Would really appreciate insight from both VCs and/or other founders currently raising.
2 by defencetechhn | 0 comments on Hacker News.
Hey HN! This might be somewhat EU-specific, but I feel like I'm going insane here. Currently fundraising for a seed round in an "attractive" sector (defence and AI) and we're finding it very hard to get any VCs to commit to being lead investors. VCs are super excited/optimistic about our company and willing to immediately jump on board as soon as a term sheet is signed by a lead investor. Trouble is that absolutely everyone is taking that position - leaving us in quite a pickle. I've gone through fundraising cycles before and never encountered something like this before, hearing the same from a bunch of other companies as well. I understand that the macroeconomic situation has made many more cautions, but this is just odd. Would really appreciate insight from both VCs and/or other founders currently raising.
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