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Grove Network Mechanics – Establishing Quality
The primary determinant of the network’s success is the quality of its participants & the returns generated from their liquidity events. To attract quality founders, Grove uses a clear set of criteria to select network participants. These are:
- Title:
- founder / co-founder
- Ownership:
- own 10% of more of the company
- Status:
- venture-backed
- Fundraising:
- Have raised $2M or more from multiple venture capital funds, or
- Have raised $500k+ from a VC fund with AUM over $500M