It Happened to Me: VC Pitches Gone Bad & Lessons Learned
Post on 15-Aug-2015
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IT HAPPENEDTO MEVC Pitches Gone Bad & Lessons Learned
We interviewed successful Founders and CEOsfrom the Quibb network about their experiencepitching investors
What do they wish they had done differently?
What was their biggest lesson?
What are their top tips for first-time founders?
What strange experiences did they have?
Investors are interested in different things -the idea, the team, the big opportunity, themarket - the list goes on and on.
Jason ShenCo-Founder at
Ridejoy
"...be ready to pitch differentpeople in different ways."
Kate KendallCEO at
CloudPeeps
"Founders who ask forgeneric ‘intros toinvestors’ aren't ready toraise money"
"I don't understand. Why wouldwe ever pay you for this? Whywouldn't I just get someone in theUkraine to do this for $10,000?"
Chris LawCo-Founder at
Aggregate Knowledge
- Investor that Chris pitched
Lesson learned? Sometimes investors askreally dumb questions ;)
When an investor called Elizabeth Yin a'meek Asian woman', and questionedher ability to lead a company of 100people... she pulled up a chair, satdirectly in front of him, and stated loudly:
Elizabeth YinCo-Founder at
Launchbit
"I don't see that being a problemat all"
Kate KendallCEO at
CloudPeeps
Aim for a balance with your investors, toavoid the 'too many cooks in the kitchen'problem
“You have to round out your roundwith people who are both morehands-on, and less hands-on.”
When culture causes confusion, tell theinvestor you don't understand
Dhawal MujumdarFounder at AdsNative
“During one of my pitchinterviews, an investor wastalking about baseball". "...theinvestor said, ‘I assume you aregetting it…’ and I was like, ‘Idon't understand baseball.’”
Elizabeth YinCo-Founder at
Launchbit
"...be on your toes. I've heardcrazy things that havehappened to other foundersthat you can't even imagine."
Read their full stories with all the details, asyou prep to deliver a great investor pitch
How Smart Founders Find Investors
Things Investors Say That Confuse Cross-Cultural Founders
How I Reacted When An Investor Called Me A 'MeekAsian Woman'
The 10x Pitch: When Making An Impression Is Epically Hard
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