When startups are choosing investors for their seed round, it is important to pick ones who will stick around for the long run. Otherwise, they may run into what Founder Collective co-founder Chris Dixon calls “signaling risk.” The risk of getting a high-profile investor in your seed round is that they might not follow on in later rounds, and that sends a signal to other investors that there… → Read More
In part II of Chris Dixon’s interview with Baseline Ventures founder, Steve Anderson, Anderson discusses two of his more successful investments: Heroku and Weebly. Weebly is a startup he led an investment in back in 2007 that helps consumers make websites. Most recently, Weebly launched a professional service to help designers create pages for clients.
Weebly may not be a household… → Read More
Steve Anderson’s Baseline Ventures has a portfolio that includes Instagram, Heroku, and Weebly. (Earlier this month, Baseline was part of a $1-million seed round in Crashlytics). It took him only four weeks to raise $100 million for his curernt fund. In this episode of Founder Stories with host Chris Dixon, Anderson discusses investing in Instagram and what led him to become Baseline’s… → Read More