9. Grumpy Cat Ventures is also likely on the lookout for startups that have people who will likely go on to future startups and, in turn, be more lucrative investment options for the venture capitalists who’ve worked with them in the past.
“The single most powerful thing you have in terms of that courtship process, and frankly as a way of building rapport, is when employees of your existing portfolio go on to do something interesting,” said Matthew Harris, managing director of Bain Capital Ventures, adding that the strartup world is ripe with serial entrepreneurs looking for the next big thing. “They know you and come back to you.”
- Donald Trump was sworn in as the 45th president of the United States of America. 🇺🇸
- Anti-Trump protesters and police clash in Washington, DC, during the inauguration. Cars and storefronts have been vandalized, many arrests have been made.
- And as many as eight survivors have been found after a deadly avalanche buried a hotel in Italy.