“As soon as you capture the attention of a VC, they’re going to start performing the “due diligence” required to justify the investment. This is when the investor checks into the bold claims you have made about the size of your market opportunity and your work experience.”
When getting ready to pitch VCs, founders often jump right into assembling a slide deck. I think this is a mistake. I’d suggest that you start by writing twenty headlines that sum up your startup, and only then build the slides.
Even for strong startups, fundraising is a marathon that requires near constant attention for 8-12 weeks. The process is punishing, and riskier than you might imagine. You need to prep for it as seriously as you would a race.
VCET members now get 40% off their Burlington Code Academy Web Dev Bootcamp tuition with the #ScaleHere Scholarship!
Thanks to our media sponsor RETN.
Learn how to start a startup with YC’s free 10-week online course.
Techstars Entrepreneur’s Toolkit is an online educational resource to help you learn the fundamentals of entrepreneurship and accelerate your success.
With FirstSearch, First Round has vetted, tagged and organized 10000+ articles to create the largest database of curated, high-quality advice for building startups ever created.
In this free two-week course, academic researchers and early startups working on a tech innovation will receive entrepreneurship training and strong mentor support, as they “get out of the lab” and talk with customers to identify the best product-market fit.
A review of the process of raising money from angels and/or venture capitalists for entrepreneurs.
Thanks to our media sponsor RETN.
“I thought I would never write a post about pitch decks again. Well… Never say never. Especially in Venture Capital.”