Introductive: Invest people what to kind of hope expressing after all to achieving look forward to and author? If you are in financing, the solution of this problem resembles a mystery possibly to you same.
Unless there has been the experience of success and investor contact with before you, otherwise you may not know how to denounce the favor that gets investor forever, how to prepare for the conference, what is the news that also does not know to invest people to want to hear most.
In a few the middle of a month in the past, tens of the meeting when investor divulged to us they are deciding investment cares what respect. We speak from these in handpick the answer of 13 investor. You can make the reader be read a bit, understanding gives orders what does the element that investor shines at the moment have.
The most important of course is: What kind of idiosyncratic ability can let investor want you and your investment that achieve look forward to.
Q 1: Achieve look forward to as an initial stage, which characteristic is the most absorbing?
Initial stage achieves the element with the most dazzling look forward to is a group normally.
From the point of the angle of the lifecycle of a company, our investment time is earlier, because of a company from found to score huge success, often need 6-10 year time. Also because of this, achieve look forward to to make much time may be on crooked road, because this can alleviate,the group of the obstacle is a preeminent group. With respect to us character, before investment, we can spend a large number of time to think the author that achieves look forward to and inchoate group. -- ? David Pakman, the copartner of Venrock
Q 2: When the father that confronts twenties, whether to have the experience that starts office department / is industry knowledge so important really?
In fact I discover, the industry knowledge background that has major is evildoing instead sometimes to an author. In light of the experience with me, from course of study old person often differentiates the hardest to change tremendously opportunity. Establish the person that of Yamaxun is not industry of books of which body part; The author of AirBnB also does not have a hotel from setting of course of study; Travis (Kalanick, the author of Uber holds CEO concurrently) do not have more the class passes on taxi or luxurious car company. -- Josh Kopelman, the copartner of First Round Capital
Q 3: Which element lets you decide to want to invest some to achieve look forward to?
Group, group, group, market, group. -- Mark Suster, the common copartner of Upfront Ventures
Q 4: Having hittinging with countless Pitch, company after be being handed in, when how ability lets him confront new think of a way and new father less and lay bias?
This problem invests a domain in commerce is value the problem of 1 million. As an author, your itself is optimist of a blind more or less. You also must be a blind optimist, otherwise your so won't mad affiliation succeeds odds has 1/1000 only achieve look forward to. But, in commercial world, the most company that you see can move toward failure finally, what ask in a way to pack up you so is hopeful, recognize achieves the real difficulty that look forward to develops.
Of course, optimistic also be very important, because have such your ability discovery only,those can cause the circle alien with fluctuant market. I always can think, what kind of is the first Pitch of Twitter, Facebook, Uber, Airbnb? Also should be very common only, sound a little comical the sort of! Often think of here, I can remind myself do not abandon searching those ordinary circle alien. -- Ryan Sarver, the copartner of Redpoint Ventures
Q 5: When seeking new investment opportunity, what channel can you employ (besides other recommend) ?
Enthusiastic, high grade recommend is to contact wind to throw best way, accordingly I also suggest all entrepreneur look for a the the closest, most genuine person to give the investor that has investment interest your recommend. Besides, I discover gregarious media also is " get acquainted with " the good channel of new entrepreneur, because be on this platform, the viewpoint of people, prestige, activity can get confirming quickly. With respect to me character, I like to read the article that certain person writes very much as before, for instance rich guest or report, I also know the thinking way of these people very much. -- David Pakman, the copartner of Venrock.
Q 6: Which are there on the virgin person of great company did you want to know most at 3 o'clock?
1) which university and company success or failure is father graduated from to have how old relation?
2) it is important that the problem that solves oneself has many?
3) what kind of person is successful author often? -- Jessica, the associated author of Y Combinator
Q 7: When considering to whether want to invest the company of some entrepreneur, is the human dignity that you value most idiosyncratic what be?
What I value most is father to its product be obsessed with degree. Is she be be born and those who develop this product? If yes, that did not have a word to say. -- Brad Feld, the management of Foundry Group is in charge of
Q 8: In the course that establish and runs him company, what is moving toward successful gist?
Hum, if you are a person, you are then best extremely arrogant. Additional, we also are not to like only " technology kind " of father, we also are seeking the able person that can work under competency:
1) make a product (write code or undertake the vision is designed)
2) market sale & markets a product
3) administrative & outspread group
Major moment, our meeting apt accords with an afore-mentioned author that reach an above condition, when achieving look forward to to seek investment to us, we also can pay attention to the author that surveys this company to have what capacity, lack what capacity. Additionally we also can analyse the potential development power of this company, and the user gets the strategy. -- - Dave McClure, the author of 500 Startups
Q 10: Is what have 20% technologies, idea, technical ability only new / first how is entrepreneur to achieve the successful rate of 80% ?
To entrepreneur, the most important thing nothing is more... than you all energy are put in product development and market to match. Or is made piece can get user gay product quickly, or makes a product that can have repetition selling. Cong Mou is planted will tell on degree, everything other -- company culture, management is waited a moment -- be secondary. -- Ben Horowitz, the associated author of Andreessen Horowitz
Q 11: Those who achieve look forward to to want what to condition ability achieve to acquire investment the least is affirmative?
Say simply, I can consider the potential possibility of investment after the face sees; I can discuss this idea jointly with the friend; When I can walk, also think, when bathing, also think... because this starts the idea of look forward to this,must want fascinating. What work was done before I can understand virgin people next, such next movements that I can master them basically. Regular meeting is put in some kind of connection between around movement.
I still can seek power. What is the motivation of this person? Be scared? Be enthusiastic? What be no matter, anyhow if the reason of a kind of deep administrative levels, these nature want the consideration between take time. In addition, will objectively tell, I prefer those who face large market or rising market to achieve look forward to. The person that I invest must can blend in the market, or becomes one group oneself. -- Semil Shah, the investor of Haystack Fun
Q 12: How can you assess the quality of father or author? If father and investor be of a kind, so the optimal way that how just is osculatory investor?
I can value the courage on virgin person; I admire, it is the person that those not small talk abandon, there is the person that executes force extremely by force in each domains, the person that I am willing to work together to it, can agile flexible, palm charges the overall situation, person that is good at communicating, and as clear as day to the outside and in of the company person. My constant regular meeting asks my group, "If we received the telephone call of some author at 1 o'clock in before dawn, this author seeks the word of some type thing to us, must you receive a telephone call happily or meeting gas stamp your foot? " we are different forever to the evaluation of different author, but having what avoid is, they should accept one pile to ask ask (the problem that has nothing to do with the company) . But the judgement that we believe ourselves not completely also, we can try to find the person that meet this author or ever worked together to it, ask their opinion, get tripartite help.
Have golden idea, belief strong person always is met try every means finds investor. I often can go up in the activity, even between elevator in the person that be done poineering work strikes up a conversation; From time to time still can receive strange telephone call, get new post, next I am met personally or give a certain person of the group will do these. I think the proposal to each entrepreneur is: Not cloddish, want to keep courteous, without preamble, had done " agree " and by " refuse " two tactics preparation. If the other side rejected you, find out a reason, solve a problem, contact investor afresh next. Want to know, everybody is very busy. -- Ashton Kutcher, the actor holds the investor of Sound Ventures concurrently
Q 13: What do those great large companies have to be nodded jointly? In other words, why do you feel Facebook, LinkedIn and Twitter can succeed so?
What above company makes me generally impressive is their author; In poineering first phase, all employee of these companies are taking a such hopeful persuasion: We can change the world. From now on, when they are making every decision, metropolis consideration will surely be denied this definitely let them leave dreamy close little, also accordingly, they refused a lot of short-term trade. In addition, these companies are returned will data and wish situation is ideal union, changed decision-making do by one person advocate circumstance. -- Josh Elman, the copartner of Greylock
Q 14: What you acquire from virgin people body is the most valuable, can you help most inchoate author, company and product what is?
Prominent virgin will of people thinks of careful, and having oneself original eye to product quality. so a kind of proposal can help most person I am not clear, do poineering work after all knowledge changes in hour. Contrary, the opinion that I should give you is, the most outstanding author that meets with you maintains connection, provide some of help for him, you know as time passes among them advantage. -- ? Naval Ravikant, the CEO of AngelList holds associated author concurrently
Q 15: If return the past, are you true to young season what proposal do oneself offer? Achieve look forward to with respect to open, pursuit product market matchs and enhance product appeal for.
Do not waste time on the thing of disinclination, so simple. -- Brad Feld, foundry, the management of Group is in charge of.
