Eamonn Carey @ General Partner of Tera Ventures and The Fund | How The Rise of Founder Backed Venture Might Be Pivotal To The FounderTech Conversation

In this conversation we talk to Eamonn Carey, formerly of Techstars and more recently a General Partner of venture funds Tera Ventures and The Fund. In our discussion we focus on why ex-founder’s launching and managing funds could be a very emergent piece of the FoundTech puzzle. We touch on how he arrived at this insight after returning from the US, where the emphasis from this founder driven perspective focuses primarily on the potential of a startup rather than initially framing and assessing problems.

 

We discuss how if you’ve sat in the seat of the founder and experienced first hand the problems you face, trying to launch and fundraise for you early stage startup, this gives you a different perspective on how you not only evaluate that startup but also how you are able to better empathise with the actual stage of the journey the founder is currently on.

This stops you from automatically focusing on product driven data points that can’t be demonstrated at this stage and looking instead for other proxies, symptoms and signs that indicate that the founder is currently capable of demonstrating Founder Market Fit. Things like having sophisticated hiring plans in place or also whether the founder has evidently done Due Diligence on the investor to see if they are right for them.

Finally, we get into why language around the investor ecosystem for a founder can often be unnecessarily opaque and how with the recent successful publishing and launch of ‘The Startup Lexicon’ with Ken Valledy he is keen on now demystifying this language so it can be widely accessible and understood. How this in itself is an important foundational piece of FounderTech, because if founders and investors can’t start their dialogue fundamentally and clearly understanding each other, how is that relationship going to then align, bloom and prosper going forward?

Connect with Eamonn:

• Web: https://www.tera.vc/

• Web: https://thefund.vc/ 

• Linkedin: https://uk.linkedin.com/in/ecarey 

Widen your perspective with these APIs:

• https://www.amazon.com/Startup-Lexicon-Demystifying-everyday-language-ebook/dp/B09XG34QXS 

• https://www.aprildunford.com/obviously-awesome 

• https://www.thetwentyminutevc.com/

• https://www.theconsumervc.com/