11/30/2005

Tips for that first VC Meeting

Ed Sim offers these tips for the first VC meeting:

"1. Be flexible...
2. Have a well-honed elevator pitch...
3. The Slide Deck: make it short and sweet, 15-20 slides will do...
4. Listen and ask questions: try to get feedback about your business and the opportunity...
4. The Demo...I like them live, but...there are 20 things that can happen in a demo, 19 of which can go wrong. So be prepared and have a cached version of your service to walk through.
5. Next steps: In any meeting, never forget to ask about the next steps...

A couple of other points to add:
Pre-meeting: Research the VC...

A couple of don'ts: don't be late, don't be arrogant, and don't ask for an NDA before you start the pitch."