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Reasons I Will Not Invest in Your Startup
- rdlecler1 12y agoI don't want to be a negative Nancy, but if you're going to write an article with this title, you better be ready for the question: "25 Reasons I won't come to you for investment" (1) Proof of your success is missing. What have you accomplished exactly? Your LinkedIn profile shows someone who is remarkably unremarkable! (2) I don't trust you. You say that you've made over a dozen investments but your CrunchBase profile shows no investments. (3) You are inexperienced. So you've done some marketing and SEO. I see a lot of self promotion, but few accomplishments. Walk down to the pasture son. (4) Members of your team don’t work well together. You're arrogant. I don't think we'd work well together. (5) You're keeping things from me. Not a lot of substance to your LinkedIn profile. How do you add value??!? How do you have all this investment capital? Is it mom and dad's money? (6) You don't have a business model or plan. Your company Blogging.org looks like a lifestyle business. According to Crunchbase you have one employee. You. I'd love to see your business plan. (7) Evidence that the startup will earn money is scant. See above. (8) I don't believe you can build your product. Did you hire a guy in India to build Blogging.org over a weekend? (9) Your company is not the first to enter the market or unique. Dude, you started a how-to affiliate marketing site. Talk about follow the leader! (10) The founder or CEO is uncoachable. I find you repugnant. (11) Your startup costs too much. Talk to Josh at First Round for their thoughts on Twitter's valuation (they didn't invest) or Mark Suster on Uber, or Peter Thiel on the Facebook Series B. But you probably know better than them oh wise one. (12) You handle rejection poorly. Let's see how you react to this post. (13) You cold-called me. Douche. Let's not pretend that you're Marc Andreessen here. You haven't earned the Glengarry leads yet. Do you think Y-Combinator requires a warm introduction? (14) I’m not the right investor. Bingo! You got something right! (15) You don’t focus. Come on, 25 reasons! boil it down to 4 or 7 man! Focus!!!!! (16) You’re way too early for my money. Oh ya, because Uber was kicking down your door on their Series A. Dude, you need to earn respect (and work your ass off for it). Right now, you're just a bottom feeder. (17) Your company's technology is already forgotten. Bloggin.org? You couldn't even get a name with a ".com"? Lol! That's so 2003! (18) You’re too slow to launch a product. See above. (19) You lack a marketing strategy. Self promotion. I've got to give that to you! (20) What problem were you trying to solve again? Why are you writing this article? What value are you adding to the conversation? Are you saying anything new or just plagiarizing the ideas of accomplished investors out of context and passing these ideas off as your own? (21) You don't understand the industry. Spot on! Maybe stick to marketing. Investing doesn't seem to be your thing. I wouldn't want you on my captable. (22) You don't understand the word "lean." Speaking of lean, avoid the full body shots on your LinkedIn profile and cut back on the big macs! (23) You're not concerned about tomorrow. Did you think about how much of a douche this article makes you sounds? Do you think this is going to attract the smart entrepreneurs? (24) There aren't any other investors. Oh, so you just follow the herd! Yes, the smart money is always waiting for others before it looks interesting! (25) You’re oblivious. Enough said....
- justintocci 12y ago#14 Bingo! Hilarious. A bit harsh, but now that I got a good laugh you made the time I lost on the article worth it. Thank you.