The more I think about the ratings, I’m less of a fan. Pure numerical ratings of a company are great in theory but don’t capture the essence of a team or why a GP is bullish on the company. Rating every category a 5 isn’t fair but at a glance, a company with an avg rating of a 3.5 may not seem good w/o the context. I worry if a LP or founder happen to see this then it could open up a can of worms. From a product perspective, I would like the option to remove them as a requirement for my fund, not require filling out a score and not show scores on deal memos.
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