In order to find a valuable project worth investing in, venture capital fund investors must look at a large number of applications. Investors should work with their business partners to find out exactly what they get from the funds they invest in. Many times, in the first conversation, investors are expected to gain or relax. Forbes questioned the five partners of the world's leading venture capital fund to better understand what and what is worth mentioning when presenting presentations to potential investors. This is what they said:
Three entrepreneurs seeking investors:
Igor Taber, Independent Director, CIS, Intel Capital
Don't try to provide accurate financial forecasts because no one can actually predict the company's actual income for three years. More important is to show the assumptions you use to prove and predict the benefits and costs in the business model.
Declaring that the company needs $20 million in investment, but did not disclose key assumptions in your financial model, which will make a few people interested in your project. This is one of the main reasons why potential investors are far from entrepreneurs and their new business investments.
Jeremy Levine, Partner, Ventures Bessemer Venture Partners
During the presentation, don't repeat the "privacy" of your investment content. Believe me, the potential benefits of free exchange of ideas are greater than the risk that someone will steal your thoughts.
Ideas are cheap, they are reflected in life - more expensive.
Check whether venture funds invest in competitive design or innovation to make unique comparisons with competitors.
It is best to show investors that you have demonstrated all the qualities of a trustworthy person, which may be a guarantor that investors will not be disappointed when investing in you and your business.
Giureppe Zocco, Partner, Index Ventures Fund
If they don't accept your offer, don't argue who can sell your business. This will only reject potential investors because of your positive attitude. They already know their other investors, just like other business investments.
Discuss possible research and development plans before expanding your business model in the future. Investors are interested in investing in a company that focuses on development, which ensures that they will remain innovative and competitive in the event of actual sales.
Alexander Galitsky, Managing Partner of venture capital fund Almaz Capital Partners
Show how the originality of the business model is related to its competitors. It is important to prove that it is not only technical but also competitive in terms of business efficiency. Show the pros and cons of your business compared to its top five competitors.
Choosing competitors of similar size, companies don't have to go to war with big companies like Microsoft or Google. Investors are aware of this, they have more money and more employees. When you try to challenge these big companies, investors will not be willing to accept such challenges.
Esther Dyson, President of Venture Fund EDventure Holdings
"Venture investors are not just looking for investment. We bring companies to help it grow. So what matters to me is what the company does. It's fun for me. In the US, health-related projects are in Russia. I have a wider range of interests. I really like to invest in companies that focus on solving practical problems, whether it is logistics or health, and provide new opportunities for people. I need to know what will happen to my company. No more for me."
Orignal From: How to ask for money - Seeking partners in global venture capital funds
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