The Future Of Funding

An early Facebook exec explains why investing in startups without meeting them is the future of venture capital

“It’s ludicrous the idea that you could only get funding if you found a way to come to Silicon Valley on a Monday through Friday, from the hours of 9 to 5, if you happen to be of a certain gender or age, or etc. That’s crazy,”

“His plan to invest in startups sight unseen is called capital-as-a-service or CaaS, a play on the name of the cloud-based software (software-as-a-service) that has transformed the tech industry.”

Julie Bort

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Date
February 28, 2018