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Six questions that rejected Venture Capital seekers could not answer
Raising funding for an early-stage venture is always difficult. There is no bottled recipe for success, but even if you have a great concept that is scalable combined with a passionate team that can execute the growth strategy, you still need to communicate this in a multifaceted investor’s pitch.
- kenfodder 15y agoI think that key team members and employees themselves need to get these answers, without these it's very difficult to have a vision and focus that leads to why we're doing it all and why investors want to invest.
- bahman2000 15y agoThis is where you need a BizDev/MBA person on your team.
- Grape 15y agoThat's a very good point
- angdis 15y agoDon't worry, recent news stories have demonstrated that you can have a completely insane business plan and STILL get 10's of millions in funding anyway. Hype trumps reality in the short term but reality always bites back.