Contrary to popular belief, I’m not looking for founders who are perfect business unicorns … In fact, a founder who paints a perfect picture can be a major red flag.
Tagged: venture capital
Part of being in a healthy relationship is having good communication and the entrepreneur-investor relationship is no exception. After you’ve raised capital, you might forget what it takes to keep investors satisfied.
You may ask yourself, “How could the latter be a business? Isn’t it simply a donation?” Economic theory, thus far, has no model for this kind of market. And the answer may not be what you imagine.
As much as high-growth startups look alike, the industry they operate in or the stage of development they are facing are major influencers on the amount of money a company “burns” on a monthly basis.
As you craft your next investment pitch, keep these three things in mind.
It’s important that you know what type of relationship you’re entering.
How can you increase brand awareness, sales, and reduce business risks–all in one fell swoop?
Whether you choose to bootstrap or take early capital, remember to always do this.
In the end, fundraising boils down to one thing: You have to tell a story that investors really want to hear.
Instead of viewing yourself as a hunter bounding toward the investor of your dreams … The more VC’s you meet, the more likely you will find your match.