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Questions VCs Will Ask You
Will the money I am raising get me to a healthy multiple on my last valuation? If not, should I take a lower valuation so that this multiplier may be more feasible? What milestones will this fundraise get me to? Will those milestones fundamentally change the perception of my company’s worth? What sorts of exits are possible for my company? Are ther
... See moreElad Gil • High Growth Handbook: Scaling Startups From 10 to 10,000 People
I’m going to take you through the four most important questions I ask all founders. The goal of asking these questions is not just for you to understand the business but also so you yourself can answer four critical investor questions: Why has this founder chosen this business? How committed is this founder? What are this founder’s chances of succe
... See moreJason Calacanis • Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000
I was just reminded that for our Series A, we sent a questionnaire to the investors we were considering to understand if we have alignment.
Then the investor needed to write a doc or a presentation explaining their answers and thinking.
Founders should decide how much to raise based on how much money they need to reach the next set of milestones. Startups have many layers of risk stacked on top of each other. Leo Polovets, managing partner at Susa Ventures, calls startups a “bundle of risk.”6 These risk layers could be as broad as “product risk,” but ideally the risk layers should
... See moreAli Tamaseb • Super Founders: What Data Reveals About Billion-Dollar Startups
Put yourself in the shoes of VCs: evaluate whether you would invest in your startup and why, and what the risks are. Fundraising is also a great time to self-reflect about your company and what you truly want to achieve.
Ali Tamaseb • Super Founders: What Data Reveals About Billion-Dollar Startups
Lulu
The first one is what gives you a right to exist. There is already 40,000 companies doing something like you, and then there's 15 companies doing what sounds exactly like what you're doing, and then there's three other companies that are literally doing exactly what you're doing, at least to the outside eyes. Why don't you just go join them? Wh... See more
The first one is what gives you a right to exist. There is already 40,000 companies doing something like you, and then there's 15 companies doing what sounds exactly like what you're doing, and then there's three other companies that are literally doing exactly what you're doing, at least to the outside eyes. Why don't you just go join them? Wh... See more