How to pitch startups to venture heads at P&G, Mars - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Consumer giants like Proctor & Gamble and Mars have hundreds of millions of dollars in play to fund the next DTC breakout company. Here's what four execs writing big checks say they're looking for.

Venture capital arms at P&G, Mars, AB InBev and Kraft Heinz are continuing to review and fund startups, even as the pandemic rages on.

Functioning as venture capitalists, the executives leading these shops are continuing to review startup pitches and make investments in startups they like, even as coronavirus makes the job of getting to know executive teams harder. The experience illustrates a key quality that Sudakov and Kinship look for in the founders it works with: "Fundamentally, we are looking for people that have a specific personal passion in this area," Sudakov told Business Insider.

Many of the founders it works with come to Radford and her team with little more than an idea. "I don't think even some of our partners even know they're startups in the traditional sense," she said. "We are more of a hands-on partnership model," Radford said. Startups should be "clear on where their strengths are and the opportunities where they would look for P&G's help."

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

I follow back right away. FolloForFolloBack follow4follow follobackinstantly FolloMe AGTambaya

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen