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Comment by bluethunder

1. Believe that you DON'T need the funding to build a big business. The belief will help you ACT like you don't.

2. The wrong way to look at these meetings is as an opportunity for you to pitch for money to a VC.

3. The right way to look at these meetings is as an opportunity for a VC to pitch for a startup which will make him lots of money (see Rule no.1)

4. Almost all funding decisions will get made within the first 15 minutes of your meeting - this will be apparent in hindsight but you will get better at this over time. The trick is to say 'Next' when they so 'No' without wasting too much time.

5. For the best results establish your credentials before meeting the VC - probably by having a strong reference vouch for you/your work before the meeting. (Note: Not all 'contacts' are 'references' and you will need to discriminate to make this work)

parent bluethunder 15 years ago

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