What is the best way to get a VC's attention?
Tim Cherkasov
16 replies
Share your tips and tricks below…
Replies
Nevena Sofranic@nevena_sofranic
Recrooit
Traction.
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Having worked with VCs, equity funds and angel investors, this is my perspective.
Try to get a warm introduction from someone who knows the VC or is connected to them. If you can’t get a warm introduction craft a compelling cold email pitch. VCs build their portfolio with an eye on the value creation and exit opportunities for each company, as well as the overall portfolio performance and returns. Therefore, to grab the attention of a VC, founders should:
• Showcase your deep understanding of the customer needs, pain points, and willingness to pay, as well as the competitive landscape and differentiation factors. Show how your product solves a real and large problem for a specific and sizable market.
• Showcase strong traction and growth potential, using relevant and verifiable metrics such as revenue, users, retention, engagement, unit economics, and customer satisfaction.
• Articulate a realistic and attractive exit strategy, showing how you plan to deliver a high return on investment for the VC and the LPs
Revenue/Traction
Very much depends on the stage. For super early stage is all about team and market. As you move on your premises count less and less and metrics start to rule.
I found that outreach does not work, you need to build up some network and be introduced.
That's the approach we're taking for Touring, the product we launched today here on ph
1. Have the ability to convince them.
2. Talk fast when pitching.
3. Build your network with funded founders.
4. Have a plan to grow faster.
Those first two are weird but very important 😂😂.
make money?
100% warm intro emails. If you're reaching out without one, you better have some AMAZING growth statistics, and even then, the email still has to stand out and be super personalized. But it's hard overall!
https://www.tiktok.com/@trace_co...
The best way to get a venture capitalist's attantion is to have a compelling pitch that demonstrates a stronge team, a unique and scalable business idea, and a clear path to profitability.
Zintlr
Personally a lot of VC have reached me out via email and LinkedIn -> Write about your product and traction numbers over public channels.
leonardo da vinci
your success without a VC or
even a profitable venture without a VC
Make your product better
Doing growth well
Appropriate publicity
Big enough users plus growth fast enough
VC come
GPTBLOX-ChatGPT Save Data
Network, network, network! 🤝 Personal introductions or warm leads from trusted industry contacts can often get your foot in the door faster than cold outreach. Attend industry events, webinars, and join communities where VCs hang out.
OMMT Club
Hype, I believe? Besides metrics/traction/etc.
Uniflow
I would say, traction that you can show, but you need to be able to show it, so being active on the groups and social media, while having traction.
By traction I mean PAYING CUSTOMERS most of the time, especially in today environment
Drop me a message with your product. I know a VC from Y combinator. I will send him.
Scale a bit before meeting them... You'd have proof of market and then better negotiating power.
Also then network network and create content to have a decent following