/ Conduct Index / Cowboy Ventures
Cowboy Ventures
Tier 1 Seed Fund · Seed
A-
Excellent (A-) — Capital Conduct Grade
Cowboy Ventures (Aileen Lee) coined the 'unicorn' term in 2013 and operates a disciplined consumer + enterprise seed fund. Strong founder-relationship reputation. Lee's public commentary establishes strong founder-friendly philosophy. Term-sheet behavior consistently founder-favorable.
87
Composite / 100
Where this grade comes from.
Term Sheet Honesty
A
Founder-Friendliness
A-
Follow-On Discipline
B
Exit Support
B+
Network Quality
B+
Key events & disclosures.
- Founded 2012 by Aileen Lee
- Coined 'unicorn' term 2013
- Diverse-founder focus
- Multi-decade founder continuity
/ Best for
Seed founders, particularly underrepresented founders, seeking partner with disciplined founder-friendly philosophy.
/ Watch out for
Smaller fund size; deliberate concentration. Multi-investor seed rounds typical for follow-on capital needs.