006. Expect more SHITS

Expect that over the next few months, you are going to get a lot of the SHITS from investors. 

About SpringTime Ventures
SpringTime Ventures seeds high-growth startups in healthcare, fintech, logistics, and marketplace businesses. We look for founders with domain expertise, forging a path with a truly transformative technology. We only invest in software-based businesses in the USA. We bring a people-focused approach, work quickly, and reach conviction independently. Our initial check size is $400k to $600k. You can learn more about us and our approach.   

About Rich Maloy
Rich's mission is to rebuild the American dream through entrepreneurship. He works with early stage startups transforming the world, giving all people the opportunity to grow, learn and earn. With prior careers in finance and sales, he's now focused on startups investing through SpringTime Ventures where he is a Managing Partner. He's a father of two young children and loves sci-fi, skiing, and video games.  

Transcript

Rich: 0:01

It's amazing how a few weeks can make a difference in the startup environment. When I recorded that clip about the shits, it was the beginning of may. Yeah. The stock market had fallen. We were all expecting, it was going to be a little tough. Here we are at the end of may. I'm recording this as a follow-up because it's incredible how much has changed since then. Fear is rampant. Founders. Expect that over the next few months, you are going to get a lot of the SHITS from investors. Investors still have capital to deploy, lots of it, in fact, more than ever. But given the fear in the market right now, they're going to be holding off. There will still be investments made. You can still raise money. It's just going to take more to break through and get conviction from the investors that you're targeting. You're going to have to throw a cooler pool party.