Venture capitalists may control capital, but one currency that they’re always in search of is an elusive, evolving one: deal flow. Betting early on the next big startup is enough to cement the entire return of a fund (and then some) — and help that plucky investor make a name for themselves.
This reality makes Afore Capital’s latest product launch appear all the more benevolent. The venture firm, which just closed a $150 million fund in May 2022, is launching what it describes as a common application for pre-seed startup founders. Similar to the well-known undergraduate college admission application, a startup Common App would allow founders to seamlessly pitch multiple investors using the same basic form and pitch deck — all at once.
Here’s how it works: Afore Capital has an accelerator-like program, Afore Alpha, that …
