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The Badhouse Ventures Manifesto

Our VC firm, focused on investing and providing hands-on startup operator support to very early-stage ventures, will have two main "customers": Startup founders and next-round investors. This manifesto outlines our intentions to provide value to both of these groups.

1. For startup founders

  • We will be getting our hands dirty alongside the startup founders. This may include:
    • technical advice, such as technical architecture, sourcing compute power, acting as beta testers, etc.
    • client-facing interactions, such as assisting with marketing, sales pitches, collecting product feedback, etc.
    • being a recruiter
    • assisting with business and financial modeling
    • sourcing legal support
    • making investor introductions and helping to refine the investment pitch
  • We will endeavour to help startup founders focus on building; technical building, but also building a user base and business development.
  • Progress will be measured by:
    • cycling through build-test-learn cycles
    • refining what product-market fit looks like and working towards it
    • getting more active users and getting paying customers
    • building relationships with potential next-round investors
  • We will be investing funds into the business in return for a fair amount of equity.

2. For next-round investors

  • We will facilitate your deal flow by introducing you to vetted, higher-quality startups that are ready for a seed investment rounnd because they will have:
    • a more mature product
    • more evidence of traction, more data points
    • a team with more experience under their belt
    • a lower risk profile (past an inflection point in profitability, more users, a first B2B or enterprise client, etc.)