Posts Tagged ‘vc’

If you’ve ever made a pitch for funding from a venture capitalist, you’ll know all about the laundry list of must-have financials and projections that you have to prepare – and if you’re smart, you’ll also know everything you do has to follow the venture capitalists golden rule: He who has the gold makes the rules!

Not surprisingly, this should prompt you to want to know more about how VCs make choices about spending their gold. Sure, you’ll read all the well-intentioned advice in the world about how to woo a potential VC with a clear, crisp pitch that shows the brilliance of your business idea and its likelihood of making them millions. Then you watch an episode of Dragon’s Den or Shark Tank, and you soon discover that nine times out of ten, the men behind the money table respond less to the business idea than they do to the person pitching it.

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