These are my notes from the first 5 minutes (the rest is worth watching too): Single most important thing that a VC is looking for when you're pitching to them

These are my notes from the first 5 minutes (the rest is worth watching too): Single most important thing that a VC is looking for when you're pitching to them: you, the people. The entire purpose of a VC pitch is to convince them that you will make them money. Angel pitch takes 15 mins, VC pitch, less than 30. You have to convey around 10 characteristics. #1 Integrity. #2 Passion #3 Experience. "I've done this before.", where this means creating value. That can be starting a company, other teams or organizations, etc... #4 Knowledge. #5 Skill. Technical skills, marketing skills. #6 Leadership. You either have the team that has these skills or the ability to inspire people to be part of your team. #7 Commitment. Someone that will be there to the very end. #8 Vision. Don't want a me-too company. You need to see where it's going. #9 Realism. Before you get to change the world bad things are going to take place and you need to be able to plan for that and have rational projections. #10 You can Listen. You need to be coachable. The VC has experience and they want to know you're willing to listen to it.