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Something is seriously wrong with Antler's culture

Context: I have been on the road for a few months as a founder, and as it so happens, the scouts - often analysts and associates, and even VPs at instances - of VC firms would cold reach out to you on LinkedIn to understand what you are building. This is a way for them to generate good deal flow, build relationships with up and coming founders, and collect insights, which makes sense. Now, I would been reached out by ~ 40-50 such scouts over the last 3-6 months. There is not much to separate a lot of VC firms, but on reflecting, one sharp observation that has come out has been on Antler. I have had 5 separate reach outs from Antler's team, most from a VC firm, and these have been - with no exception - 5 of the poorest interactions I have had of the 40-50 I have had. For reference, 1. Two associates sent a message, and ghosted on my reply for 2-3 weeks. Then they replied to ask for a time, and when suggested, they ghosted again. What even? 2. One associate and one VP, separate from above two, kept calls, and then mailed 10 mins before the call that they need to shift the call. One of them happened eventually, and the other guy asked to reschedule the rescheduled call as well. (:facepalm:) 3. One conversation happened on time, but the guy arrived 10 mins late to the call and was a horrible listener. Given that this is a repeated behaviour, I'd assume this 100% would have something to do with the culture. I have also not heard a lot of value coming out of their EIR program, which might be due to the same issue. More noise than substance. Anyway, as a founder, this definitely makes me averse to going to them when time would come to fundraise, and I would - in good faith - advise others I come across to follow the same. Happy to hear similar or opposite experiences.

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ScrawnyYak

Product company

8 months ago

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MicahBell

Startup

8 months ago

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TrueHelium

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8 months ago

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by LooseGoose

Stealth

Defamation notice threat: Pitching in India

Second meeting with the guy, thought his outlook might improve because we had better numbers than the first meeting (few months ago). Didn't even remember the first conversation, or our business, didn't do any research on our startup or industry before the meeting. Kept forcing opinions on me instead of listening, same as the first meeting. Extremely rude and a waste of time. He said many things no founder should say, that too for another founder. (Pitching is difficult as is, rejection is common and it's very easy to get demotivated) When I said I'll share my experience with other founders and startups so they don't engage with that platform, got a reply saying they'll send me a defamation notice if I do, and will also tell other investors in the community that we are doing this startup as a "hobby" and no investor will come onboard. It's amazing to see the kind of arrogance some people have, especially in the investor and VC network. Would have loved to name and shame him but I have better things to do than to get into petty court cases with assholes. Fellow founders, please be very careful and choosy with who you talk to about your startup's fundraise. Indian VC ecosystem is mostly a circlejerk and a shitshow. You're better off raising from friends and family and even individual angel investors than trying to bargain with devils in disguise. I will most likely stop pitching for investment altogether and focus on growing my profitability than waste time convincing idiots who'd rather throw money on pitch decks without an MVP and startups without PMF, revenue or profitability. /endrant