5 Questions to consider after the first meeting of venture capitalists and entrepreneurs

Recently, I came up with a way to get more involved in the global entrepreneurial community, called office hours. This is one of my favorite ways to know smart and aspiring entrepreneurs. While working and getting along with a lot of smart entrepreneurs, I've seen a huge leap in people leaving their employers and building their own kingdoms. Especially for those entrepreneurs who think venture capital is the best path, they have more and more questions about venture capital. They will tell me in a text message or email that the meeting with venture capital is going very well. Most entrepreneurs don't realize that what they think after the meeting is not necessarily the idea of the potential investors. Here are 5 things that risk investors consider after their first meeting: 1. Does the idea work? As most venture capitalists and entrepreneurs say, "Action speaks louder than words." "Although every enterprise starts from the idea, whether or not investment promotes the development of the enterprise, most venture capital relies on traction and overall execution." 2. What are the risks associated with this? As with other investments, it is important to balance the risks and benefits. The risk is mainly from the founder's background, Status quo and future expectations. Remember, there are different types of investors: strict financial investors, "passionate investors", angel investors, and so on. No matter what kind of investor you aim for, he values the return on investment, especially when the investor comes from an investment company. 3. Is this the best team? For most venture capital, the team is the first factor to consider. This is not unreasonable, because the team is the only driver of your entrepreneurial career. Although you will feel that your team is the best, many investors will think you lack experience, expertise in related areas, management skills and commitment. The easiest way to reduce this risk is to choose a co-founder with different skills. For example, if you have a business background and want to create a technology company, your co-founder should have a technical background, not a business background. This level greatly reduces the speed at which you burn money, without paying for technology outsourcing. 4. If I invest in this project, will I miss a better one? Venture Capital manages the investor's money, because the fund is limited, the investor must have the strategic vision when chooses the project. The biggest problem for investors is the fear of missing a good project like Google, and investing in a company that is much less valuable in the future. In other words, no matter how good your company is, investors will feel that your business is worthless at the time. Don't give up. Some of the great companies were missed because investors had no vision. This is normal, and it is because there are tens of thousands of private capital and venture capital-backed investors that will give you more choices than ever before. 5. Is this a good time to invest? If your startup has made a lot of progress, your performance is growing by a month, you have the right team and everything is very positive. Very good! Your chances of getting venture capital are very great! However, your venture capital can 鞥 think you will continue to grow, and now do not need venture capital funds, it may be three years before you can use the money. Continue to grow. Conclusion It is worth celebrating the opportunity to meet with venture capital. However, it is important to consider the issue from an investor's perspective so that you can challenge their thinking and increase the probability of getting an investment. What is the problem with venture capital after the first meeting? How do you reduce risk as an entrepreneur? (Viavb, Fast carp)