4 ms·
> It is so difficult to get a clear concise story to an investor about the path of growth of all of these things. 1) Don't get money from VCs. OR 2) If you d
by mbesto 8y ago
> It is so difficult to get a clear concise story to an investor about the path of growth of all of these things.
1) Don't get money from VCs.
OR
2) If you do want to get money from VCs, then you need to basically "extend the truth". Do not talk about the "how are you going to get there" in your deck, just talk about what the eventual vision is and what its going to look like. Make sure to put in a bunch of buzzwords (serious).
By way of background - I learned this the hard way pitching a niche endurance sports website to VCs and got clobbered by VCs for not aiming high enough.
PS - your tech is seriously cool...big outdoor endurance junkie here, I've used/seen it before.