Table of Contents
Should all co-founders pitch?
My general rule is that any founder in a VC pitch should be speaking 25 percent of the time at a minimum, and hopefully more. So, if you feel like your co-founder(s) won’t be speaking on behalf of the company at least that amount of time, you’re better off going into a meeting without them.
How much of a company should a founder own?
As a rule, independent startup advisors get up to 5\% of shares (or no equity at all). Investors claim 20-30\% of startup shares, while founders should have over 60\% in total.
How many people are in a pitch meeting?
This can be friends, family, other writers, but no gatekeepers or decision-makers. You should have at least six people, ideally none of whom have heard your pitch before.
How much should a founder have after Series A?
If our company raises its first round of funding (Series A) with a pre-money valuation of $4 million and the Series A investors were to commit $1.3M, the company would have a post-money valuation of $5.3 million….Raising Series A.
| Series A | |
|---|---|
| Injected capital | $1,300,000 |
| Post-money valuation | $5,300,000 |
| Dilution | 25\% |
How do you prepare for a pitch meeting?
Preparing the perfect pitch
- Pick up the phone. Notice that I suggest picking up the phone rather than sending an email.
- Understand expectations.
- Know your audience.
- Aim to be as relaxed as possible.
- Don’t just repeat your proposal.
- Introduce something new.
- Encourage interaction.
- Focus on the client’s needs.
How do you prepare for a pitch?
9 tips for making a great pitch
- Prepare with care.
- Have an elevator pitch.
- Practice your pitch.
- Don’t skimp on basic explanations.
- Know what makes a presentation boring.
- Give buzzwords a swerve.
- Use your enthusiasm.
- Build in question and answer periods.
What are some common mistakes startup founders make in investor pitch?
What are some common mistakes startup founders make in their investor pitch? “We have 100 beta users.” “We got 300 app downloads in just three months.” “50 people signed up for the program just a few days after launch.” These are all what we call vanity metrics. Just like social media followers, likes, or kudos from your mom.
Is it hard to pitch to investors in 2020?
Pitching to investors was already scary. Now, in 2020, the world situation makes asking for money seem even harder. Many founders wonder if they’ll really be able to convince investors to give them the funding they need. But difficult as it may be, it’s certainly not impossible.
How much should you pay a startup founder?
When investors see a $300,000/year salary for the founder of a startup they’re investing in, that’s a red flag. Startup founders: You can’t expect to be earning the big bucks from the get-go. With time, your well-produced ideas will turn a significant profit.
What should be included in an investor pitch?
But the main meat of your investor pitch should focus on the core product that you are producing as of today. That way, there’s no distractions, and it’s clear to investors that you’re ready to ship a product that is good now, start earning money, and work to improve it in the future. Pitch, perfect.