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Should I talk with VC funds ?
CLEAR PERSONAL GOALS
BIG MARKET ?
HIGH RISK OF COMPETITION
How should I talk with VC funds ?
Slideshare By @jessedee
By @nickdemey; and @boardofinno
REHEARSE, REHEARSE, REHEARSE,…
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When should I talk with VC funds ?
Idea Market size
& competition
analysis
Problem/solution
validation (Interviews)
Build low fidelity
prototype
Prototype testing
Product Market fit validated Right side BM
validated
High fidelity prototype
testing
Traction ? Investor Deck
Left side BM validated
IRL adapted from Steve Blank
How should I talk with VC funds ?
In 10 slides
#1 ELEVATOR
PITCH
“We develop THE PRODUCT/TECHNOLOGY to help
CUSTOMERS to do PROBLEM by SOLUTION”
#2 THE
PROBLEM
“Make them feel the PAIN”
#3 THE
SOLUTION
“Show a demo NO LIVE”
#4 THE
MARKET
“Know your market, Make sure you can prove your
Market size and it’s attractiveness for investors”
#5 BUSINESS
MODEL
HOW DO YOU MAKE MONEY ? SUM YOUR COSTS !
#6 COMPETITION
“Know your competitors better than your investors. Show why you are unique”