40 Things Investors Don’t Like In A Startup Pitch
An article we liked from Thought Leader Alexander Jarvis:
40 pitch red flags which will undermine your startup fundraise
Tl;dr: 40 pitch red flags to avoid when fundraising
Fundraising? Don’t want to do stupid things? Here’s a blog for you. Now if you have been following me for some time, you know I normally write long blogs. This isn’t one of them. It’s 40 things that investors don’t like.
Monkey read, monkey don’t do.
- Will you sign my NDA = N00B – read for more
- Don’t know as much as an associate at a VC on your industry. I heard of a startup getting schooled on their industry last week by an associate. The team was embarrassed…
- Not knowing of a big competitor. Dude, Google… it signals you are not an insider
- We have no competition. Dude, yes you do. Inertia is a big competitor. There is always a way of doing something
- The competition sucks. Don’t talk crap about your competition. They don’t suck
- First time founders in general. Startup is hard. If there is no traction, I’m dubious if they can execute
- Bankers doing startup. Startup is cool atm… just saying. Sure there are exceptions, especially in fintech
- Fund my idea. FFS. Read
- Stupid forecasts. Claiming you will 100x each year is a great way to lose credibility. Better to say nothing than say something stupid
- No financial model. VCs want to know how you forecast your business. Worse than stupid forecasts is...
Read the rest of this article at alexanderjarvis.com...
Thanks for this article excerpt to Alexander Jarvis.
Photo by RODNAE Productions from Pexels
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