“As an early stage VC I quite frequently get exposed to entrepreneurs who have just experienced their first successes (e.g. a first VC funding round, the first €300k in recurring revenues, etc.). Often you can observe a certain sense of success and increase in confidence in an entrepreneur’s behaviour after such success events occur. After all, most companies never become fast growing or VC funded, so being in a class of companies that are on a certain growth curve is in a way a success in itself.”
Guestblog by Jan Andriessen.