From that page: > Should everyone apply to First Round through the OpenApp? > No... | Hacker News

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		solve on April 22, 2015 \| parent \| context \| favorite \| on: First Round Capital Open Application for Startups From that page: > Should everyone apply to First Round through the OpenApp? > No. The best way to reach us is still through a referral.

staunch on April 22, 2015 [–]

The incumbents often see the future, but rarely update their fundamental viewpoint to match the new reality. It's the innovator's dilemma applied to VCs.

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