Re:Analyzing pitches to find what gets VCs interested in a m...
by ceonyc on Monday May 04, 2020 @02:17PM
(#23071421)
Tweak based on feedback is exactly right!
Only problem is that VCs normally don't give any!
Re:Analyzing pitches to find what gets VCs interested in a m...
by doh on Monday May 04, 2020 @04:29PM
(#23072897)
What I look for is behavior rather than verbal feedback. I know where I have hit spots in the presentation. If they don't react, then they are not as strong as I thought. If they react negatively, I know I didn't explain them well.
But yes, most VCs will never bother follow-up.
The point is that people micro-tweak their behavior based on simple reward mechanism. Most can’t explain how they got there.
Top VCs are no different. They remind me chicken sexers (is that even a word?), who have differentiate gender by looking at their bottoms and quickly able to tell without ever being able to explain how they know [1].
With this long dribble I want to encourage founders to develop their own intuition. Create a pitch that makes sense to you and then tweak based on feedback.
[0] https://www.tacticaltennis.com/tennis-mythbusters-wrist-snap...
[1] https://www.businessinsider.com/the-incredible-intuition-of-...