Making your business case to venture capitalists is a very important step for any entrepreneur or startup executive. As you might expect, most VC pitches don’t go as well as they might. Based on many years of experience, here are 5 rules that will help you put your best foot forward.
Engaging with VCs is a marathon, not a sprint. You have a lot of information to share, but trying to cram every scrap of data into your introductory pitch will kill your chance of making a good first impression.
5 rules for success with VCs at your first meeting
The single and most important goal of your first meeting with VCs is to be invited back. With that in mind, you must be very selective with what information you choose to share. And how you share it.
Since 2002 my partners and I have worked with entrepreneurs, startup executives, venture capitalists, and incubators. We’ve gotten to know all too well the horror stories and the best practices. I summarized these in the attached humorous, but very relevant, presentation.
Enjoy! And best of luck with your VC pitch!
Mike
PS: Download the presentation and learn how to receive a 30 minute consultation session free regarding your pitch.