We are in the process of getting our thesis validated by a few trusted advisors in our network and one of them make the following suggestion: _you would benefit from a corporate grant as anchor funder. OR go for a $10mn equity allocation from VC firm who need female founders._ We are not familiar with the concept of an anchor funder - does anyone have additional context they can share? Also curious if anyone has taken the equity allocation approach and can provide some additional context there. Thank you!
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That is bad advice from a previous age when such things mattered. The world has changed, and the advice is therefore wrong.
Is it possible to get corporate backing? Yes, but it takes 18+ months and is very slow and painful.
Will a VC possibly invest in other fund? Maybe, but very unlikely. Less than 2% chance. Most are prohibited by the LPA to invest in other funds.
Following this advice would be a wild goose chase that could take years.