Real life, one week ago, the last question at a venture capital presentation... the entrepreneurs wrapping up, everything went well, but then one partner asks "yes... but why us?"... Fire at will.
This is one of the most important questions to prepare if you are looking forward to receiving venture capital money. Investors want to add value, "smart money"...
If you are willing to raise money, you should know about other companies invested by the VC... are they aligned with your goals as well? Can you find hidden synergies to explore?
You should always have a clear picture of what else this particular investor could add to the initiative besides money.
Thursday, September 25, 2008
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