Venture capital triage process, part 1: There are more similarities between a military hospital and a venture fund than you might think

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TRUE STORY

Young venture capitalist complains to an older colleague about the huge pile of pitch decks that need to be processed.

Older colleague takes half of the documents and throws them in the trash can.

“What are you doing? What if our next unicorn was there?” cries the younger one in panic.

“Forget them! We don’t invest in losers!” says the older one.

Why VCs need a triage process

The typical VC triage process

A more thoughtful VC triage process

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