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Simple answer: Only take meetings with VC firms and angels who have direct experience in the area where your product helps the most. I mentioned to you in a re
by ericabiz 11y ago
Simple answer: Only take meetings with VC firms and angels who have direct experience in the area where your product helps the most.
I mentioned to you in a reply, below, that my marketing software company got immediate YESes from angels who had been leaders of marketing teams and intuitively understood the need for our software. I think my record time to close an angel was under 2 minutes. For those who had never led or been part of a marketing team, it was an uphill battle the entire way.
Once I learned that filter, I was able to raise money more quickly, with much higher close ratio.