How to attract venture capital. What angel Investors want from startup
WE NEED SMART PRODUCTS.
S – Simple
M - Moderate
A - Accurate
R – Rational
T – Transparent
REDEFINING EXISTING PRODUCTS OR CONCEPTS
Is your product creating such a compelling value to customers that your venture can gain at least 10% of the market?
Yes:
1.
1.Which customer groups your venture will target, and which countries you plan to sell in
2.How are you going to convince potential customers
3.How will your product earn a profit
4.Build a prototype – It attracts Investors.
5.There are lot .. But make sure in which segment you fall in.
6.Become a good CEO – Cash Extraction Officer.
YOU SAY…
You say: “I have lots of great ideas, but I have trouble figuring out which one to try. Let me tell you about a couple.” Investor thinks: “I want to know which idea you’re going to kill yourself trying to make successful, not which ideas have crossed your idle mind.”
You say: “My goal is to build a world-class company.” Investor thinks: “How about you ship and sell the first copy before we talk about world-class anything?”
WHEN DO YOU NEED FUND
- Raise money before you need it.
- Start raising money six to nine months before you’re either due to run out of cash or expect to need it for expansion.
- Multiple smaller financing rounds are a great idea, especially in the startup phase.
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