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How to get a meeting with a VC

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10/17/2012 03:39 PM EDT

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Duane Benson
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re: How to get a meeting with a VC
Duane Benson   10/21/2012 4:17:48 AM
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I have a sneaking suspicion that the VC selection process is more like a high school election/popularity contest than a disciplined process. It's been a few years since I've been in a VC meeting, but I doubt much has changed. There are a few genuinely thoughtful VC, but there also seem to be a lot that make funding decisions that really don't make much sense. The thing i, though, that I don't think they'd have much better results if it really were about the numbers and probability of success. Once beyond a base level of competence, the type of person that can sell something, whether it be of value or not, to a consumer is likely to be able to sell that same thing to a VC.

elPresidente
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re: How to get a meeting with a VC
elPresidente   10/19/2012 8:45:55 PM
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These days, you need to have decision diamonds of "are you in China?" and "are you actually building something?" as vectors out of the building, generally, if the answer is no. and yes, respectively.

docdivakar
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re: How to get a meeting with a VC
docdivakar   10/18/2012 6:20:02 PM
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Chuckles aside(!), I have to largely concur with the flow chart above!! I have not had to face navigating this flow chart since I prefer to be self-funded. MP Divakar

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