The 3 reasons why VCs invest: Faith, opportunity, or evidence

I have spent the better part of a decade helping thousands of first-time founders raise their first round of outside capital, and evaluating thousands more for investment. In all of these data points, I found a pattern that explains every single VC round.  In the last six months, I’ve seen this pattern play out more dramatically than ever before. Founders are failing to raise without ever really knowing why. I find myself bringing it up again and again to help folks who are raising. So...