At last week’s Entrepreneurship 101 lecture on raising money, leading venture capitalists divulged the secrets of successfully pitching to an investor. The secret is in the relationship.
The panel discussion, led by Barry Gekiere, Managing Director of the Investment Accelerator Fund (IAF), featured high profile folks from the VC industry:
And what advice did these top investors have?
When preparing to approach an investor, speak to advisors and other entrepreneurs who have worked with them to find out as much as you can. Still don’t know where to look for an investor? Read: How to identify an investor for your business.
It takes five minutes for an investor to decide if they are interested in you. Once you have chosen someone to approach with your pitch, make sure you have the right tools. (What tools, you ask? Read: Tools you need to raise money.)
Watch the rest of the lecture video on “Raising Money” to learn more from this Q&A session and hear it first-hand from leading venture capitalists.
Downloads and Resources: