How to Avoid a “No” from a VC: People
The old saying in the VC business is investors invest in three things: people, people and people. There’s more than a little truth to that. We’ve seen great teams dig themselves out of some deep holes, and weak teams dig themselves into the ground.
But how do you know you have a great team, at least in the eye of the beholder (us)?
First, ask yourself this question: “What is the probability that there is a team with more domain expertise, more horsepower, and more high-level industry connections located somewhere along the Silicon Valley, Seattle, Austin, Boston, London, Zurich, Haifa, Mumbai, Shenzhen, Tokyo, Seoul corridor?” Really – ask yourself that! Because we are asking ourselves that as you speak.
To read the full, original article click on this link: Take the Money and Run: An Insider’s Guide to Venture Capital - GeekWire
Author:Gerry Langeler
