Saturday, October 3, 2015

And VC to fall in love

How start-ups attract investor attention? how to persuade them to give you money? most importantly, how to manage your relationship with them?

Here are the key points of the discussion:

How to get attention

1 VC friends, their portfolio companies, and reputable industry professionals help you connect

2 VC to know you understand them as well as their portfolio companies

3 set up your own network, and let others know what you're doing; you can't expect from where can I get the VC's attention, so you have to get everything ready

4 digital at any time on your own operation going on in the chest

5 do not blindly and each investor to engage in a dialogue to find those you are interested in working with investors

6 do not speak ill of competitors and other investors

7 do not mention any of your relationships with other successful people, investors don't like it

How to impress a VC

1 prepare a brief speech, bearing in mind their mission-critical data

2 If you want to impress investors, you have to let him know to invest in you, is good for both of you Walk down the ladder Gong Haiyan contraction and

3 don't be afraid to look forward to. With investors to discuss your scale and dreams

4 this is a process of selection, not just investor picking startups. To let investors know that you choose them not just for the money, but because they are able to bring you the value of other

5 data on your growth and progress

6 founders need to know what you really need

How to manage relationships with VC

1 know your measure for success. With investors to discuss their definition of success, let both sides know each other's expectations. This topic discusses the sooner, the better

2 provide opportunities for VC and let them participate in your work

3 do not always seek recommendations from the VC; this is your business, it is sometimes necessary to make their own decisions

4 discussion not only to their own statements, to turn the discussion into a two-way conversation

5 forget their differences as soon as possible, do not let any disagreement from escalating into conflict

6 VC, and like you, they want to make money. As long as it doesn't break their bottom line, they are willing to maintain friendly relationship with you.

7 in the presence of VC, founder, transparency should be provided as far as possible. If VC can't fully understand your current situation, they will not be able to help you

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