Aug 13 in General discussion
โ ๏ธ What do investors *NOT* like to hear and see from you?
Four healthcare investors just sounded off at Dallas Startup Week. (But it applies to almost all sectors.)
๐ธ Founder or team taking sizeable salaries or benefits
โข๏ธ Hearing "Weโre unique and have no competitors"
โ Dishonesty
๐ Asking an investor to sign an NDA -- IMPORTANT: put whatever non-confidential info you want in your deck; confidential info can be conveyed verbally, not in writing. Later, if they move into Due Diligence, you will need a "Dataroom" they can have access to, which will contain all kinds of financials, etc.
๐ ("See ya!") Not being full-time on your company. This one's kind of a no-brainer.
๐ WHICH best applies to you?
I'm full-time on my idea
I've studied my competition
I'm bootstrapping
Other
3
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โ ๏ธ What do investors *NOT* like to hear and see from you?
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