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Seven Common Mistakes Founders Make With VCs

  • Founders often make mistakes when pitching investors. First, they don't research the investor and firm they're pitching to, which can create a poor first impression.
  • Second, they treat pitch calls as a monologue. A better approach is to treat calls with investors as a conversation, leaving room for dialogue and questions.
  • Third, stating that you like an investor the most too early can come across as impersonal.
  • Fourth, it's not beneficial to push VCs into making a decision too soon. Hasty decisions are not ideal for a long-term partnership.
  • Fifth, founders should not follow-up too soon, especially when there isn't any meaningful progress.
  • Sixth, founders ought to present a well-reasoned analysis that shows they have made calculated assumptions when estimating market size.
  • Seventh, overlooking the competitive landscape and presenting an arbitrary table of features to highlight product superiority over competitors does not sit well with investors.
  • Addressing these common mistakes thoughtfully can improve the quality of your pitch and foster stronger connections with potential investors.

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