If you can’t explain it to me, how can you explain it to customers?

Ed Sim wrote a great post, “Tips for the first VC Meeting“. Read his and then read an older post of mine “If you can’t talk about your product, you’ll never sell it” and you’ll (thankfully!) see a lot of similar thinking.

Ed’s (excellent) tips are:

  • Be flexible
  • Have a well-honed elevator pitch
  • 15-20 slides will do
  • Listen and ask questions
  • Have an alpha version of your product running
  • Ask about Next steps
  • Research the VC firm in advance
  • Don’t be late
  • Don’t be arrogant
  • Don’t ask for an NDA before you start the pitch