Axel Bichara | How to Work with VCs to Build An Engineering Business
Axel Bichara, Co-Founder and General Partner at Baukunst, explains how his engineering background at MIT and experience founding Premise informs his approach to venture capital. He details Baukunst's strategy of acting as 'company builders' rather than passive investors, emphasizing the importance of founding team quality, capital efficiency, and founder-market fit. Bichara discusses specific criteria for investment, such as the preference for multiple founders to share the burden, the necessity of capital efficiency (achieving product-market fit within 12-18 months), and the critical role of open communication and humility in the founder-investor relationship.