3 ms·

What would you like to know?

• mattm 13y ago
  I think a lot of people never really know the true reasons why something happens. I find it hard to believe these were only three reasons. Did you ask the investors why they invested and this is what they said or is it your own feeling? Plus you don't really go into details on the points so I didn't really learn anything or find it useful.
  • johns 13y ago
    The investors told us it was attractive for the three reasons I listed: team, market, and plan of attack. Edit: I left out more specifics for length reasons. May do a follow up post on more of the details.
    • dcraw 13y ago
      I'd love to know more about the plan, and the milestones you set for yourself. Without a product in market, how did you come up with feasible numbers to reach for? Here are a bunch more questions just as fodder: How much did you have to adapt your pitch based on the investor? Did you have multiple pitches, geared to things you knew about an investor going in? Or did you do more of your adaptation on the fly, based on the reaction of the investor? How many nos did you get before a yes? Where would you say you wasted the most time, and you would not pitch that type of angel, or not pursue that kind of introduction, etc, next time? Thanks for the post, and looking forward to your follow up(s)!