Minimum bar Level 4, aim for 5 or 6. We’re lucky to have 6’s
@hiflossy thank you TTV, Slow, Family Fund, and all of our fantastic investors! cc
@SeigelSteve
Hierarchy of investors
Level 1: Actively sabotage portfolio companies
Level 2: Push bad ideas that lead founders down wrong paths
Level 3: Distract companies with random obligations, ideas, etc that have to be fended off
Level 4: Hands off, neutral, and generally supportive
Level 5: Contribute in big ways in small number of key moments
Level 6: Have sufficient context and experience to be an ongoing valuable member of the CEO’s team