More and more venture capital funds are embracing the concept of “scouts” to help them with deal flow — and its a win win for folks who are in close contact with startups but aren’t necessarily investing. The funds get access to a wider spectrum of companies. And the scouts get compensated for finding startups that are on thesis for the funds.
Read MoreTag: scout
Suddenly one Portlander — and one former Portlander — have a potential $50k startup investment burning a hole in their pockets
Now, it’s no secret that I’m a fan of Indie.vc. The way they’re rethinking traditional venture capital is right in line with the way companies are built around here. And their focus on generating revenue and founders retaining control has an appeal as well. So just imagine how much more of a fan I became when I heard that someone from Portland and someone who used to live in Portland were selected to help invest some Indie.vc capital.
Read MoreLooking for help with diversity for your startup? You might want to get savvy… ScoutSavvy
If I’ve said it once, I’ve said it a million times: It’s so much easier to build a diverse company from the ground up than it is to try to retroactively unwind a white dude company later. So the sooner startups start thinking about a diverse workforce, the better off they’ll be in the long run. And if you need help to think about that diversity? There’s a startup for that: ScoutSavvy.