The document discusses issues with the user experience of venture capital for founders. It notes that the relationship between VCs and founders should be viewed as VCs providing a service to founders rather than the other way around. It argues that more transparency is needed in the VC process, that founders should demand better terms and not feel pressured to accept any offer, and that creating more competition in the market could help address the power imbalance between VCs and founders.

1. THE UX OF VC
@phineasb
sneakerheadVC.com

2. the user experience of venture capital is broken
THE UX OF VC

3. FOUNDER

4. VC

5. RESULT

6. VC = SERVICE

7. VC

8. FOUNDER

9. BUY-SIDE
VS.
SELL-SIDE

10. 3

11. 1 IN 150

12. VALUE OF TIME

13. YOU NEED MONEY

14. YOUR EQUITY IS
WORTH MORE
THAN MY MONEY

15. VC’S ARE ON THE
SELL-SIDE

16. 3

17. $ IS A COMMODITY

18. COMPETITION

19. TRANSPARENCY

20. VC IS A PRODUCT NOT
A SERVICE*
*founders are the consumer

21. 3

22. CREATE A MARKET

23. DEMAND MORE

24. WALK AWAY

25. ONLY OUTLIERS
MATTER

26. FOMO

27. VC

28. FOUNDER

30. PUT THE VC’S HEAD
IN THE JAR
@phineasb
sneakerheadVC.com