Ask HN: Why do some VCs make it so hard to pitch to them? | Hacker News Reader

Ask HN: Why do some VCs make it so hard to pitch to them?

2 pointsadwn5 comments

There are some VCs that don't provide any way of contacting them for a pitch. For example, BlueYard [1], which have an elaborately designed animation on their website, but no way to contact them except for a legal@... email address. I don't want to call them out specifically, it's just one instance of this phenomenon and there are several others.

Is this because their funds are exhausted and they wouldn't be able to invest in new startups anyway? Or do they want you to find their general partners on Linkedin and pitch directly to them?

[1] https://www.blueyard.com/

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Addendum:

Is it because they want to throttle the number of pitches they get? That would work, but wouldn't it also filter out the best and most promising startups, which will easily find a more approachable VC, and leave only the more desperate founders?

"Don't call us, we'll call you."

Economists, techno-utopians, and some VC's may talk big about how VC's provide an essential service in our late-stage capitalist economy - but that does not mean that VC's are a public service, under some sort of obligation to answer the phone and listen to whoever wants their attention.

> that does not mean that VC's are a public service, under some sort of obligation to answer the phone and listen to whoever wants their attention.

That's not what I'm saying at all. My point is that they need pitches: without pitches, they can't invest in startups, and without investments in startups, they will have a hard time raising capital for their next fund.

Well, yes. If they are currently funding new ventures - it doesn't take any "ran out of money" scenario for them to (say) decide that investing more in their existing portfolio is currently a better strategy than adding new ventures.

And certainly they're free to source their pitches via closed networks of "the right people". I'd guess that that does not involve Linkedin - but only "the right people" actually know, and I'm not part of that social set.

Thank you, that makes sense.

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