Bill Trenchard (@btrenchard) is a partner at First Round Capital based in NYC.
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He is a fundraising savant, and his advice and guidance have given First Round companies an unfair advantage. At the time of writing, First Round portfolio companies have raised $18 billion in follow-on capital.ย
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Here are some of our favorite takeaways from Bill and his career so far.
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Explore all investor deep dives here.
"Donโt trigger the bullshit meter. If the investor feels spun, you're done."
"As a founder, you should either be fundraising or not โ and if you are, it should be done with great intention."
"For anything you do more than three times, write down your process in detail. Build playbooks that you can hand off to someone else, so they can execute something exactly the way you would."
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We started our careers in venture. After about a week, we had a realization.
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We had no idea what we were doing.
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Turns out, we werenโt alone.
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Junior VCs donโt get training. Youโre forced to figure it out on your own.
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Learning the rules, tools, and players takes FOREVER to learn. Thatโs why we made the ultimate VC resource library to speed up the learning curve.
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