Re:What to do when an investor asks for your "Business Plan"
by wisty on Saturday September 03, 2011 @08:33AM
(#2957150)
For all the above:
- an explanation of why this is relevant, written for someone who has never heard of network effects, minimal viable products, iterations, ab testing, google ads, virtual hosts, backups, recovery, testing, user testing, user tracking, user demographics, early adaptors, or anything else really.
- description of the market
- description of your product
- competition
- your plan for the next 12-18 months
- burn rate and runway
- team
You can probably just flesh them out (which might not be much more than having a word document with paragraphs and sentences instead of a powerpoint document with bullet points) and satisfy a significant proportion of investors.