Archive for November, 2009

Redfin on VC Questions

Frankly, in years of reading TechCrunch (and much of that against my better judgement), this is the best post TC has ever posted: Good Question! The Eight Best Questions We Got While Raising Venture Capital.

VCs are good at asking questions. They are unimplicated in your dumb decisions, unmoved by your original sense of mission and far less concerned than you that a blunder could bankrupt you. They re-imagine your business in terms of all the other businesses they’ve seen, pulling the arms off one doll and the head off another to create a perfect money-making Frankenstein. And since the stakes are high, the whole philosophical exercise tends to result in action.

Here are the questions VCs asked Redfin that changed how we think about our business.

I love question #1.

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chris on November 18th 2009 in /dev/random