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The VC Business Model and Why VCs Invest

· 7 min read
Kam Lasater
Builder of things

VCs and Banks plotted vs Risk and Reward (photo credit Charles Cushing)

This article is intended for startup founders, particularly for those who are first timers. There is nothing extraordinary about my VC experiences. I have done the following: raised an angel round and two institutional rounds (and failed at two rounds?) at a company I co-founded in the GovTech/Community space (SeeClickFix). I have participated in pitches as CTO of a pre-PMF (product market fit) mortgage tech company (HeavyWater). I have raised a friends-and-family round at my current Cloud Infrastructure company (https://www.cyclic.sh)