Independent rating of Shasta Ventures VC fund
Overall rating:
15 reviews
About Shasta Ventures VC fund
Website:
Founded:
2004
Number of funds:
7
Number of investments:
388
Number of exits:
78
Headquarters:
Organization type:
Venture Capital
How Shasta Ventures VC fund invests
Rounds:
Average ticket size:
4.43M USD
Biggest investment:
10M USD
Would lead round:
Yes
Would coinvest:
Yes
Countries where invested:
Sectors of interest:
Software, SaaS, Information Technology, Computer, Security, Cloud Data Services, Artificial Intelligence, Apps, Training, Real Time, Quality Assurance, Productivity Tools, Product Design, Physical Security, Mobile Apps, Messaging, Meeting Software, Machine Learning, Internet of Things, IT Infrastructure, GPU, Enterprise Software, Developer Tools, Cyber Security, Cloud Infrastructure, Cloud Computing, Business Intelligence, Business Development, 3D Printing
Founders' reviews of Shasta Ventures VC fund
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Older than a year by non-portfolio founder
Easy to Approach and a Quick Rejection.
I did not know them but selected them from a web search. They rejected us but were easy to approach and prompt to respond, That is appreciated.
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Older than a year by non-portfolio founder
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Met Their Associate
I met one of their associates at an event organized by a firm and bunch of us pitched to him. Super super young sounding and young acting.
The other participant was also an associate, which did not help. But there was a distinct difference.
The comments were generic, if they were not borderline idiotic.
I think everybody left thinking their morning was totally wasted.
I don't mean to beat up a little associate either. They are generally inexperienced. But associates are generally the first line of gate keepers. If the rest of the firm anything like this, then...
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Older than a year by non-portfolio founder
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Shady Ethics
Shasta has reached out to one of my companies regarding an introduction. This was strange, normally it's the other way around.
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Average Pitch
Straightforward feeling, seemed a little risk averse for a seed VC.
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Good Pitch, Great Feedback
Sean Flynn was not only great in the pitch meeting, but he also followed up quickly via email. Alas, he passed on investing. He also followed up with the contact that introduced us, and has offered time to talk through why he passed in more detail.
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Older than a year by non-portfolio founder
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Avoid Why I Will Never Pitch Them Again
Nice guys and really smart, but....
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Tod Seems Like a Good Guy
Pitched Tod and he was engaged in the presentation and asked intelligent questions. Decided to pass and sent an email explaining the reasons. Fast, responsive and respectful
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Older than a year by non-portfolio founder
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Will Talk to You for Years (No Kidding) and Not Decide
Pitched to him a couple of years ago. Very interested but couldn't pull the trigger. Every 6 months, asks for an update and thinks about it and decides to wait more.
He boasted that one company he invested in, he talked to them for 18 months before investing. If you have that much patience, go for it.
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Older than a year by non-portfolio founder
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Worth Talking To
Met everyone on the team but spent the most time with Rob. Went about as far as you can go without getting the deal done. Overall, took too long to get through all the meetings, etc., so we took $ from other sources. However, I would recommend these guys highly. We pitched a lot of VCs and had a competitive process. Of the VCs we pitched, these guys did the best with:
-Understanding the product, market and business model, and speaking to reasonable extensions of the business.
-Willing to engage early and continue the process until a deal could make sense for them.
-Being open-minded with terms required by founders.
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Older than a year by non-portfolio founder
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Good Meeting
I met with Tod Francis re social media site. Tod gets it. He's also open to experimenting and embracing new news models. I'd have Tod on my board in a heartbeat.
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Older than a year by non-portfolio founder
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Tod and Rob
I pitched Tod and Rob and they definitely have different styles. Tod is very friendly and engaged. Rob, as some have said here, does seem a little more arrogant, and I found it hard to tell if his attitude was justified. But overall the meeting was productive. Tod was very interested in our space and asked excellent questions. He was very helpful with feedback and open with his concerns, which was refreshing. He definitely knows his stuff.
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Good First Impression
I met with Brent and Ravi, and they left me with a good first impression. They asked good, relevant questions. It was clear they had read the presentation beforehand and weren't coming into the meeting cold. I will definitely ping them when the time comes to raise more money.
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Wish We Fit, but Great Experience with Rob Nonetheless
Pitched to Rob thinking that our sector was a not an absolute fit with their focus. But introduced us to other VC leads and to one customer any way.
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Your Information is Not Accurate
I don't think you are accurate on their typical investment size. Ours was a multiple of 500K and I am not aware of them doing very small investments.
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Older than a year by non-portfolio founder
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Straight forward
Believe Rob Coneybeer and Jason Pressman are right up front with their current situation and evaluations. Would rather get straight feedback rather than try and make you feel good. Appears that they often have full plates.