This story requires our BI Prime membership. To read the full article,For startup entrepreneurs, nailing a fundraising pitch to VCs can be a game-changer.
Das explained the top 5 blunders startup founders and entrepreneurs make in pitching their ideas to VCs.For startup entrepreneurs, nailing a fund-raising pitch to venture capitalists can be game-changer. "It's an art," he told Business Insider. "It's how well you narrate your story, how you create an option that a lot of people get interested in."
"Make sure your deck and everything — the financials, the numbers — match up," Das said. "We have had instances where someone has projections on one slide that do not match their financial projections." In other words, be prepared to adapt your storytelling style, including points you should highlight, to the VCs who are listening to your pitch.
Literally, who cares? VCs aren’t at the forefront of innovation anyway, so startup entrepreneurs are mostly wasting their time.
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Source: BusinessInsider - 🏆 729. / 51 Read more »