Don't Make These 5 BIG Mistakes When Answering VC/Customer Questions | Dose 057
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 Published On Dec 2, 2021

How do you answer VC questions like a pro? Avoid these 5 common mistakes founders make.
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When pitching your startup to a potential investor or customer, you need to directly answer questions or you’ll lose credibility. Fundamentally, this isn’t only about how to pitch to angels or a VC fund; it’s about practicing the proper framework by which to answer questions. This takes practice and founders often fail to provide clear answers to many questions VC investors ask founders.

In your first meeting with investors, whether pitching angel investors vs venture capitalists, there will be questions founders need to answer using direct, short, and crisp statements. At Dreamit, we pressure test our startups so they’re ready for the tough questions investors ask. In this Dose, Mike Ravenscroft, Startup Success Manager at Dreamit Ventures, gives you 5 common mistakes to avoid in order to tighten up your answers to VC questions. These can be common questions VC investors ask startups, trick questions investors ask during pitching, or questions out of left-field that could possibly fly at you. It’s not only about the questions investors ask founders, but your questions to ask investors in the first meeting as well. This short five-minute Dreamit Dose is business advice you can’t afford to not follow.

0:00 - Intro
1:08 - #1: Non-Answer Answers
1:57 - #2: Excessive Blabbery
2:25 - #3: Needing Clarification
3:14 - #4: The Team Pile On
3:51 - #5: One Way Q&A Sessions
4:45 - Takeaways
5:46 - Outros

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