Which VC firm?
A friend of mine is being courted by both Lightspeed and accel. He likes them both but wanted to get some founder takes on this.. at Accel it's a jr partner, at Lightspeed it's one of the well known partner.
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Can you connect me with this friend, they seem to be in a really good situation in life 😂
Afaik both are patient early stage investors and the call can probably go basis the terms and how well the partner vibes w their vision
Lol yeah he's a bootstrapper so far so being too cautious
Depends on the segment to be honest. Accel India is known for marketplaces- Swiggy, Myntra, Zetwerk etc. Although Accel was one of the first players to invest in facebook it was the Indian entity.
Lightspeed is more a consumer VC- sharechat, Snapchat, Epic Games, Udaan.
So would align yourself to the past track record than the brand of VC.
I work at VC so speaking from my experience
*Typo. Accel Facebook it was the US entity
They are both good firms. You should check which partner amongst them is your choice.
The devil is in the details of the TS. Get your own lawyer and check who is giving you a better board structure, options pool etc.
Accel over Lightspeed any day