Mon, 23 November 2020
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In pitching an investor, the key presenter is the CEO. While board members, CFOs, and others can make the pitch, that’s a second-best choice. The investor wants to meet the CEO and size them up for their communication skills, passion for the project, and expertise in the domain. An in-person meeting is a must for most venture investments outside of crowdfunding. It’s important to bring the CEO and maybe one other person from the team to the pitch. Do not bring the entire team, this is a distraction that will dilute your efforts. The presence of the team leads the investors to wonder about the CEO. If the team is simply present in the room but not actively engaged, it distracts the investors and undersells the team’s abilities. In the due diligence phase, the investor will meet the team and more importantly engage with each one to understand better their contribution to the company.
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Direct download: EG_DEC_2020_Startup_Funding_Espresso_--_Who_should_come_to_the_pitch_and_meet_investors.mp3
Category:general -- posted at: 7:00am CDT |