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VC Confessions: I Don’t Really Care About Your Product Demo

InfoChachkie

The entrepreneur cannot wait to show me their product via a demo. Most entrepreneurs seem confused by my reaction and often say something like: “VCs love demos. Note: I invest almost exclusively in b-to-b software companies. Don’t Demo Me Bro. It happens during nearly every fundraising pitch meeting.

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Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

Your product demo crushed. You race back to the office to tell everybody how well it went and you wait for the follow-up call to have a partners’ meeting or talk about term sheets or at least dip into due diligence. The investor has money and the entrepreneur is selling ownership in his or her company. What do I do now?

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The Case for Optimism and Risk at Startups

Both Sides of the Table

Last week a company we enthusiastically backed, uBeam , led by a very special entrepreneur, 25-year-old Meredith Perry , announced a $10 million round of financing. uBeam’s tech does work and I have safely seen it demo’d in the real life many times. Entrepreneurs. ” **. . ” **.

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Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

With Startup Boost, we had dozens of investors, service providers, successful entrepreneurs, and major industry leaders (including Microsoft, Google, Softbank, REME, and TechStars) coalesce around our initiative to help early stage companies get to the next level. For many founders, this type of mature leadership doesnt come naturally.

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LA's New Wave Of Companies From Serial Entrepreneurs

socalTECH

LA's technology startup industry has saw a surge in new companies and efforts from its serial entrepreneurs in the last few months. Here's a quick look at just a few of the new companies who are led by serial entrepreneurs from the LA ecosystem. Entering Startup image courtesy Mike @ flickr. Ground Control. AppOnboard.

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Startup Founders Should Flip Burgers

Both Sides of the Table

But some companies have entrepreneurs that seem talented on paper, are in a space that seems interesting to investors and are able to raise venture capital early in the company’s existence. One the one hand I feel great because we went out and built software that solved an industry problem. We raised just $500k.

Startup 299
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WTF is Traction? A 6-Step Relationship Guide to VC

Both Sides of the Table

It is code word for “I’m not ready to invest for whatever reason … I need more proof.&#. They get positive product reviews on TechCrunch, GigaOm or Paidcontent.org. It’s not required but I have seen this technique be used effectively by entrepreneurs. They hire key staff. They make progress.