I came across a great post by Ben Yoskovitz on the Instigator Blog titled 5 Lessons Learned From Pitching VCs. It details what he’s learnt pitching his new startup Standout Jobs. As getting funding whether you approach a bank, business angel or venture capitalist isn’t easy, it’s always worth reading about the lessons others have learned.
In summary the points are:
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Each VC has their own style – tailor your pitch to the VC.
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Use PowerPoint effectively.
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Don’t take offence – it’s not personal it’s business.
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Pitch with conviction but state your assumptions.
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Sell passion, concrete ideas, and then go for the money.
He elaborates on each point in the post and has followed it up with another post on Presenting Financials to Venture Capitalists.
This blog is about business opportunities and ideas that I spot, think of or hear about and think are useful and interesting. It is intended to provide ideas and inspriation for you to help you find the right business idea for you to then grow it into a successful business.
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