Kindred — Still Open for Business
We’re all understandably somewhat distracted by COVID-19 at the moment, both from a health point of view, but also the possible short and longer term economic consequences.
At Kindred, we have no intention of waiting for more certainty and are going to be investing as usual. We also had three deals in Term Sheet in the last two weeks and all will close, as planned.
That doesn’t mean that we haven’t taken sensible precautions in the way we’re running our business. For instance, we have made the decision to socially isolate ourselves and for the foreseeable future, we won’t be taking face-to-face meetings any more. However, we are confident that the best entrepreneurs who we want to work with, will take this in their stride and still impress us with their presentations and thinking, albeit via the medium of the video call.
Great companies will still be forged in times of uncertainty and indeed, recession, if that’s what’s coming next. AirBnB, Uber and WhatsApp were all started around the last financial crisis and any VC sitting on their hands back then would have lost out in a major way.
So, if you’re a special founder and are looking for funding, please read this first and if you believe there’s a good fit, ask someone who knows us for an intro or just send your deck to email@example.com.
The race is on for the first Kindred company to get funded without ever physically meeting one of our team.