A startup’s data room is key for raising venture capital. But many founders waste time compiling data investors don’t want or need.
From @venturetwins, a 🧵 on what founders need to know, including specific data investors want to see, info to leave out, and traps to avoid.👇
Today’s thread is on “VC backchanneling” — how you can use it to your advantage as a founder.
When I was a founder I knew that VCs all talked w/ each other. But boy, they really talk.
Here’s how it works >>