Entrepreneur Counterattack: 10 details of unreliable VC

Titanium Media Note: This article for the author of an article "VC see people 15 prejudices, entrepreneurs to see" sequel. Yesterday, the author has just taken stock of 15 kinds of unreliable entrepreneurs, today there are entrepreneurs can not help to spit VC. The author Song The entrepreneur's background: The company has successfully received the B-round financing, the current company 300 people around the scale. Not the official second generation, the age of no more than 35, is not a turtle, not with a hand string does not hit the ear nails, but also, understand the data technology, good communication, in some ways slightly paranoid. The 15 details of the entrepreneur in yesterday's article he didn't have it all, OK, let the seemingly very reliable entrepreneur to talk about his eyes of the VC bar. -------the text as follows---------looked at your public number in the previous article: not reliable entrepreneur 15 details. As an entrepreneur I also have to say, I have seen a variety of VC and angel investors, not reliable in fact, or most. Investors look at the details of the entrepreneur and the entrepreneur sees the details of the investor. Here, list some of the details that entrepreneurs care about, once these details appear more than two times, it is best to stay away from these investors. Paul Graham, a famous Silicon Valley investor, said: Competitors punch you are in the jaw, but investors have the balls. That's a little bit of that, I won't translate it. The article said the investors, including angel investors and VC. 1, is apt to say that the entrepreneur is not reliable. Entrepreneurship is actually an unreliable thing, the probability of failure is far greater than success, we are in the fight a possible. How many time do you think we are not reliable? How many successful cases can be shared? Unfortunately, it is not unusual to say that our founders are not reliable investors, most of them are stating some non-imaginary, what "with Tencent pass by" missed Google's investment opportunities. 2, not punctual. This is the bad habit of almost all investors. The really punctual investors are in the minority. Investors are not punctual, I can understand that there are too many entrepreneurs to find them. But when they say they are sorry, most of them are not sincere, and the "I'm so busy you know" looks very annoying. Not sincere actually also nothing, the most afraid is to sit down haven't talked for a few minutes, just find an excuse to say "I have a board, go first". In fact, if you really think that a few minutes can see the entrepreneur, directly to tell each other's flaws and deficiencies, or find an excuse to some disrespect. 3, do not do homework. As an entrepreneur, every time I meet with an investor, I do a survey to find out what the investor's background is and what good projects he has invested in to save time for both sides. But I rarely meet investors and entrepreneurs to do their homework. Some investors call me about more than 10 times, meet also asked: What do you do? I was almost out of the table. For entrepreneurs, there are a few investmentsPeople actually do enough research will ask you, mainly to verify the information he received is consistent. You will be happy to be an entrepreneur when you meet such investors. 4, the shelf is very big. A lot of investors, a meeting on board the creditor's face, simply with the following said "No brains", can be together into a cartoon "no mind and not happy." In fact, entrepreneurs are also basically aware that the investment circle, from the analyst to the investment manager to the investment director and Vice president, really have the right to invest very little. I don't mean to look down on these people, because it's directly related to whether or not they get invested. The problem is, there are some investors shelves is not general big, not always want to send car to entrepreneurs, or what, or to the entrepreneur dozens of to see him in the past, all of them as a person ah? Your time is precious, we entrepreneur time is not more valuable? You think you can die for our founders? 5, has the criminal record likes to intervene the entrepreneur company Affairs. Many investors like to meddle in the internal affairs of entrepreneurs, entrepreneurs are not omnipotent, there must be some kind of capacity defects, if investors can help us solve this kind of short board, this is a good thing. The most fear is that there is a control of investors, the company was not too big problem, but planted in many of their own people, gradually overhead entrepreneurs. Such things are not uncommon in the past. We entrepreneurs are not really stupid, once found that some VC has such a "record", and we deal with the number of the heart of course. 6, for competitors to spy military. I have encountered this kind of thing, and later many friends told me that they also encountered similar things. A VC has quietly cast a similar project with us, secrecy, and then come to us to inquire about my business situation, ask all kinds of details and operational strategy, luckily I had reservations. Otherwise, I guess I can regret my death. 7. Set traps on investment terms. Many inexperienced investors generally eat investors ' investment terms, such as the implied betting conditions, such as the setting of a veto. No way, this thing even if you look carefully may not understand, you are not as professional as others, you do not understand AH. It's no use regretting the signing of the contract. So, I often advise entrepreneurs to pay for a reliable lawyer to look at when signing a contract. 8, like with the concept of their own brain. Big Data fire, and asked around where there are big data items, O2O popular, full avenue to find O2O project. When you see a hardware project, ask, "Where is the gap between you and millet?" 」。 Such VC general also want to be at a respectful distance. 9, like to say "turtle I do not vote", "older than 35 do not vote" and so on. These words are really the stereotype of investors. There are a lot of good winners in turtles, entrepreneurs older than 35 and making too many things. You are investors, you are concerned about the team ability and project prospects on the line, do not like Mans, not in front of the entrepreneur's face to say that other entrepreneurs are not reliable, but also let us laugh and listen. Of course, I'm not a turtle, not more than 35 years old, but I really don't likeVarious stereotypes of investors. 10, do not love the bill, at the same moment, the voting committee will not agree, condescending, do not introduce themselves, without business cards, talk about a year also said to continue to observe, mouthful run industry ideal, Love said that I and Ma yun very familiar ... Just list these for the moment, and I'm not going to get 15 details. What investors give us is money, we are fighting for our lives. In fact, both sides are equal, there is no need you are investors in the heart feel himself high, a savior mentality. As entrepreneurs, others vote for us money, we naturally have to fight to win the best results, worthy of investors, but also worthy of their own. Finally, please be anonymous, I have to go to finance. "Author: Song, Source: latenews Public Number"