Omission Bias

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

The omission bias is defined by Wikipedia as the tendency to judge harmful actions (commissions) as worse, or less moral, than equally harmful inactions (omissions).

Founders will often omit details rather than give outright lies when pitching their startup to an investor.

Ultimately, in due diligence, all the facts will become known.

It’s not a matter of if, but rather when.

To overcome the omission bias, consider the following:

While you can’t put everything in the first pitch, it’s important to inform investors of key issues rather than letting them find out on their own.

Coming from the founder the investor will consider it a new fact about the startup.

Coming from their own diligence the investor will consider it something being covered up.

Instead of procrastinating make sure you are timely with the information as you are building a relationship with the investor.

Trust is the foundation of that relationship.

It’s best to put everything on the table as soon as possible with the investor so there are no surprises later.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org 

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
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Music courtesy of Bensound.

On this episode of Investor Connect, Hall welcomes Sarah Jennings, Director of Beyond Angels, and Co-Founder at Beyond Capital Funds.

Located in Dallas/Fort Worth Metroplex, Texas, The Beyond Capital Funds invests alongside established VCs targeting Late-Seed to Series A investment opportunities in disruptive innovation such as Artificial Intelligence, Next Generation Internet, Software as a Service, and other attractive industry segments.

Beyond Capital Funds invests in faith-driven founders with rapidly scaling investment opportunities with near-term exit options 5 years or less from the initial investment.

Sarah Jennings is a co-founder of Beyond Capital Funds and the Director of the Beyond Angel Network. Sarah is also a co-founder and one of the managing members of Beyond Capital Management, a management company for venture funds.

Sarah has been a panelist and podcast speaker for venture capital and entrepreneurship podcasts and events across the United States. Sarah resides in Dallas, Texas, and is a magna cum laude finance graduate of Cedarville University. In her free time, Sarah enjoys being outdoors, watching a sports game, and reading a good book.

Sarah talks about her background, the kind of investments they are looking for, the challenges and rewards, and all you need to know about The Beyond Capital Fund. 

Visit Beyond Capital Funds at www.beyondcapitalfunds.com, and www.linkedin.com/company/beyond-capital-funds.

Reach out to Sarah at sgjennings@beyondangels.org, and on www.linkedin.com/in/sarahgjennings.

_______________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.