VC Jenny Fielding, co-founder of Everywhere Ventures and former Techstars managing director, was basically trolling on X when she posted, 'Y'all have strong opinions about pre-seed founders who have EAs to help them schedule' Just checking.' Fielding knew the post was 'a little bit snarky,' she told TechCrunch, but it sparked a big conversation. Some people suggested that early-stage founders could simply use AI executive assistants. Others grew affronted that a VC implied that they shouldn't hire a human to assist, even at the earliest stages of their company. Fielding's point, however, was that founders still hold some misconceptions from the excess funding days of 2020-2021 about appropriate cash management, especially during a startup's early years, when revenue is scarce. That's when companies should be working on the basics of building a product that people want to buy. 'I was a founder. I started two companies,' she said. 'Then I spent seven and a half years at Techstars,...
learn more
