Our job as VCs is to serve.
We serve founders.
We serve LPs.
We serve our colleagues.
We are servants of the startup ecosystem... Or at least we should be.
If you are a "VC" and do not view yourself as a servant to others, you probably shouldn't be a VC.
Have a great day 😊
I got $10K for a white male
@Stanford
student/grad looking to play the face of my startup for a few months. DM me if interested. Serious inquiries only.
STOP PENALIZING FOUNDERS FOR NOT BEING FULL-TIME.
Just because a founder has a FT job, doesn't mean they aren't serious about their startup.
Building full-time is a privilege that many founders don't have the luxury of doing.
Look beyond the surface, there's usually a reason.
The Lord has blessed us with a beautiful baby girl. Her name is Gianna Rose Frater and we like to call her Gigi ❤️ We're excited to bring you home today!
I need help evaluating this situation with a VC. It was soooo sus... I need other people's thoughts on this. Here's how it went.
Me: *Sends cold email with link to deck*
VC: *Views deck* Replies: "Thanks, but we want to see more traction"
Me: *Checks Docsend* (Continued)
Applications for the next cohort of the
@visiblehandsvc
accelerator opens on April 5th. We invest up to $175K into underrepresented founders at the pre-seed (Idea, Pre-Product, Pre-Revenue, Ealry Traction) stage that get accepted.
Who should I get to know? Tag them & let's meet.
Investors are still punishing founders for not being full-time so let me say this again...
STOP PENALIZING FOUNDERS FOR NOT BEING FULL-TIME.
Building full-time is a privilege that many founders don't have the luxury of doing.
YOU ARE RUINING THEIR LIVES WITH YOUR BAD ADVICE!
Most "Successful" companies are successful not because the founders are smarter than you. It's usually because they have the resources to fail multiple times until they get it right.
Most underrepresented founders barely have enough to get a true fair chance at building.
If the…
It's my birthday! 🎈 30 was such a phenomenal age:
- I became a Father
- I became a Homeowner
- I moved to Oklahoma
- I joined the team at Serac Ventures
I'm so excited to see what 31 has in store! Thank you all for all of your love and support 🙏🏿
The VC spent 25 seconds on the deck and stopped on slide 10 where they see an image of my [black] face (see attached).
MY TRACTION SLIDE IS ON PAGE 12. How could he even possibly say he wanted to see more traction?? He didn't even see the traction slide! (Continued)
Most investors aren't even smart enough to understand why your business will be successful. Don't waste your time trying to convince them.
Find the ones that see the vision and are excited to partner with you.
Nothing can stop a founder that's truly mission driven.
These founders will stop at nothing to create the change they want to see in this world.
When you find one of these founders, BACK THEM. Period.
Founder, remember this: VCs invest in lines not dots.
Application for BK-XL are now closed and I am now sourcing for our Visionaries Accelerator.
We invest up to $200K into about 45 teams each cohort. Application open in April.
We want to meet you NOW, not in April.
Let's chat
We are hiring a Spring Intern to join our investment team at Visible Hands!
- Part-time, 10-12 hours a week
- Paid, $20/hour
- Remote
- Pathway to Full-time
If interested, comment below and shoot me a DM. I'll send you the JD.
RT to amplify for the right candidate to see!
INVESTORS TREAT SOLO FOUNDERS UNFAIRLY and it should stop in 2023
One thing I got a lot as a founder and hear from founders often today is the pressure they feel from investors to "find a Co-founder".
I think this advice is terrible/unnecessary in 2023 for many reasons. 🧵
Unpopular Opinion: If you're full-time in your startup and it's not making you any money, you should probably go get a job and build on the side.
-
Being a FT founder has been over glorified and oftentimes it is not wise or practical at all for your livelihood.
It may feel like…
Small personal win: I am excited to say that after about 3 1/2 years of reading the Bible, I've finally finished all 66 books, word for word, beginning to end, from Genesis to Revelation.
God is so good!
Underrepresented founders are being overlooked by VCs at the pre-seed stage at alarming levels. If funding doesn't happen at the earliest stages of company building, how can we expect these founders to even make it to series A, B, C, D, and beyond?
Change needs to happen.
GETTING INVESTOR READY, the first step in fundraising that most founders miss
Founder University Week
#3
-
Before you start raising it is absolutely necessary for you to prep to become "Investor Ready"
This is a short guide to help you understand the steps to get there. 🧵
It’s official: we'd like to share that we just closed our Fund 1 at $10.5 million! 🎉
Over a year ago, we pinpointed our mission to highlight and invest in the limitless potential of overlooked founders. We're extremely proud of the progress we've made towards this mission.
🔻
Founders, when you reach out to me, regardless if I invest or not, my goal is to help you be more prepared for the next investor you speak with.
One of the ways I do this is by asking you for items that I believe you should have ready for any investor you speak with after me.
Founders need connections and capital. That's it.
Very few VCs can actually provide value outside of those 2 things. Those that try usually end up wasting founders time and energy.
Founders: When you launch your product, your goal should be to iterate towards PMF (Product-Market Fit), NOT focus on growth at this time.
A lot of founders make this mistake. 🧵
Roselly, Gigi, and I have moved to Tulsa, Oklahoma! Thank you so much to everyone for your love and support on this decision. We hope that you all come visit one day! ❤️
I'm thinking about hosting an online pitch competition.
If I personally donated $1,000 to a cash prize, would anyone be interested in participating?
I would try to find sponsors to match my contribution and the goal would be to give a $5,000 prize to the winner.
Thoughts?
Would you rather be a good entrepreneur or a good parent?
-
This is something I had to ask myself this morning when I had to made the decision to put development on pause for my startup.
As an entrepreneur you have to make tough decisions.
Last week my wife and I calculated our…
Unintentional I've recently been meeting a lot of VCs of faith and it's been amazing 🙏🏿
We need more investors that love God more than they love returns.
I'm looking forward to getting in touch with more founders and VCs that are believers. If that's you, let's connect 👍🏿.
Lately I've been requesting product demos from founders instead of pitch decks and it has been extremely helpful for me to identify potential winners.
One problem I see from many founders is the kind of Product Demo they send.
Let me clarify on what a good Product Demo is 🧵
I meet so many underrepresented founders that would be Unicorns and Decacorns by now if they had the adequate funding they needed for their businesses... The industry really needs to do a better job at getting these founders funded.
My investments alone isn't enough...
My Angel Investing Thesis:
Pre-Seed Technology companies creating economic mobility for individuals. Primarily US based. Writing checks between $5K - $25K.
What do you think about it?
I'm getting really excited about my plans to getting into Angel Investing. Working on some things to get started soon!
What's a decent minimum check size I should target to get started?
I think Founders are finally starting to realized that there isn't much VC dollars out there for them and that they are better off just focusing on their customers.
This is the sad truth, but at the same time a very good thing.
This is the season where builders thrive.
You got…
If you haven't figured it out already, yes. We'll be looking for 20 founders to invest $200K each. Apply between May 1st - May 31st for our Visionaries Accelerator.
Subscribe to our newsletter at to get notified when applications launch.
As a newly married man who shares bank accounts with his wife, I now truly understand how beauty is a $511B Industry 😅
Who are founders building in the beauty industry at the pre-seed stage?
I'd love to connect!
I had a rough 2 days mentally as I have been putting a lot of capital into my startup. Thank you to everyone that checked in on me.
Even though I am a VC, it's really difficult for me to get funding for my personal endeavors.
I'm back, but fear did creep in for a little.
One of my goals for when I launch my own fund is to eliminate the need for the founders I back to run a fundraising process.
I will lead the deals and rally co-investors.
That way the founders can avoid most of the tedious parts of fundraising and focus on company building.
Q: Darrel, what do investors look for in founders at the Pre-Seed stage?
A: At the Pre-Seed stage it's primarily an assessment of Team, Customer, and Product. Here are some questions you would need to answer clearly. 🧵
Founders, stop obsessing about the idea for your business.
In 9/10 pitches I hear, the ideas are usually great!
The problem usually lies within your execution and the articulation of it.
Obsess over that and I promise you, you will succeed.
Any founders looking for debt financing as a bridge while you're raising your next round of funding? I have a lender that can fund up to $2M in post-revenue companies. Happy to make an intro.
On behalf of my wife and I, we would like to thank everyone for the love and support. We had a blast at the shower and are excited to meet our daughter Gianna Rose Frater in January 💕 Mommy and Daddy loves you Gigi!
A Happy Baby 😍
#ParentingInPublic
Nothing melts my heart more than seeing her smile!
People over index on the hardships of parenthood but don't speak out enough about moments like this. It's absolutely beautiful ❤️
Applications to the Visible Hands Visionaries Accelerator are now open until May 29th:
⭐️ $200K Investment @ 5%
⭐️ 10 Week Virtual First Program
⭐️ 20 Underrepresented Founders
Learn more and apply at .
don't pay too much mind to VC feedback. They tend to not be very straightforward about the true reason why they are passing.
The goalposts will always feel like it's moving.
You're better off just staying focused on your customers. Serving them will never fail you.
We at Visible Hands are preparing to deploy $4M into 20 teams through $200K checks each.
This is literally a drop in the ocean compared to the money needed to change these stats.
We need more funders backing diverse founders and more LPs with the courage to back them.
Funding for Black founders is at .69% of VC in Q1. And this is a smaller piece of a shrinking VC pie. Time to admit the Black founder community was completely led astray by grifter VCs and venture backed founders.
I'm interested in getting into Angel Investing. Any tips or resources that I should look into?
More than being a VC, my dream would be to have enough money to angel invest full-time as a professional career.
Open to any advice!
Next time you think about building a mobile app, remember this very important tip:
Design (ie: UI/UX in Figma) before you Build (Write Code)
First time founders often skip this seemingly simple first step and it becomes a very expensive learned lesson.
Luckily you follow me…
Non-Technical Founders: Your first hire should probably be a UI/UX designer.
They can help take the vision from your mind into visual designs.
Have them design your product, website, and pitch deck.
You can find affordable professional designers in communities like
@Behance
.
QUESTIONS TO ASK VCs (in your next investor meeting)
Founders University
#6
Don't assume that every VC you meet actually has the ability to invest in your company. Avoid wasting time with investors by asking these 5 questions in your next investor meeting. 🧵
Your deck alone will never get you funded. Do not obsess over perfecting it, it won't get you very far.
At the early stage, the most important elements of your business is: Customer, Product, and Team.
See your deck simply as the platform to tell the story of those 3 things.
VCs: Articulation can be used as evidence of intelligence, but it is not intelligence itself.
Stop investing in these charismatic, fast talking founders (usually white, male, & privileged) and really start seeking out founders with grit and strong business fundamentals. Not a🧵.
Today is my 1 year anniversary at
@visiblehandsvc
and marks 1 year of officially working in VC.
It's been a tremendous year for my career and for my personal life. Thank you to the VH team and the entire startup ecosystem for allowing me to serve in this capacity 🙏🏿
"White male investors find it hard to invest in BIPOC and Women founders and GPs because they think they are smarter than them and know their industry better than they do."
☎️ 1-800-Secure-the-Bag 💰
Calling all early-stage founders!
If you’re raising now or in the next 3-6 months & need help sharpening your story, COMMENT with your:
1️⃣ Company Name
2️⃣ Location
3️⃣ And a link to your website
@DarrelFrater
&
@surgieboi
have teamed up to help…
Twitter Fam, I'm only going to say this once. Might even delete this afterwards...
I AM A BUSINESS GENIUS, but you won't listen to my advice because I haven't made a Million (YET). You can either listen to my advice and become million/billionaires now or you can wait until after…