Comment by pnw
2 years ago
To be fair, none of those ideas seem like venture scale ideas to me. Maybe I'm missing something?
If you are talking to just one investor, you are doing it wrong. It's a parallel process, not serial. Kissing a lot of frogs serially looking for Prince Charming will slowly kill your morale, waste your time and investors quickly learn that others have passed on your deal.
Think of it more like drafting a football team. You want all the potential investors on the field at the same time. That's how deals close in weeks, not months.
If your investment round is taking so many months, something is wrong. This is why YC and Techstars do a demo day. Parallel pitches to a large audience of investors is the technique to close a round quickly.
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