5 ms·
Ultimately, getting VC funding is a network problem. The overwhelming majority of VC funding goes to founders who get a warm intro to the firm somehow (at leas
by perczel 5y ago
Ultimately, getting VC funding is a network problem. The overwhelming majority of VC funding goes to founders who get a warm intro to the firm somehow (at least in Silicon Valley). Therefore, I’d focus on VC firms you have some connections through your network.
If you have many options, start with the firms that you are less excited about to debug the pitch. Only once you are confident you got the deck and narrative right go for the top ones.
Finally, remember that your top priorities are (in that order): closing quickly, quality of the investor and valuation & control.
- Wangta 5y agoThat's a great idea. Practicing our pitch will be important - our instint is to go to only those that are promising but perhaps we should run through before being face to face with our #1 choice.