How VCs Characterize SaaS Founders as Amateurs š§
Knowing how to impress VC investors can completely transform your company.
Even though Iāve founded 5 SaaS companies, Iāve only raised VC funding for two
of them, and I've seen this from different perspectives:
The last thing SaaS founders want is to look like amateurs in front of potential
investors.
These are the behaviors you would never want to do when pitching to a VC firm:
āShowing up late
āNot being aware of the competitive landscape
āBringing non-key employees into the pitch meeting
āChanging your companyās valuation based on VC impressions
āNot researching the VC you are presenting to
āAsking for funding for a āsales processā
āNot knowing your core metrics
āBeing too arrogant
These are the insights of Jason Lemkin, the managing director of a $90 million
venture capital firm.
Did he miss something there?
What are some things you think amateur founders do?
Looking forward to hearing your thoughts on this! š š
I Help SaaS Founders Scale Quickly - Dan Martell
#SaaS #B2B #Founders #Entrepreneurship #Leadership
Credit: Jason M. Lemkin
Posted by Dan Martell on LinkedIn
link: linkedin.com/in/dmartell
Knowing how to impress VC investors can completely transform your company.
Even though Iāve founded 5 SaaS companies, Iāve only raised VC funding for two
of them, and I've seen this from different perspectives:
The last thing SaaS founders want is to look like amateurs in front of potential
investors.
These are the behaviors you would never want to do when pitching to a VC firm:
āShowing up late
āNot being aware of the competitive landscape
āBringing non-key employees into the pitch meeting
āChanging your companyās valuation based on VC impressions
āNot researching the VC you are presenting to
āAsking for funding for a āsales processā
āNot knowing your core metrics
āBeing too arrogant
These are the insights of Jason Lemkin, the managing director of a $90 million
venture capital firm.
Did he miss something there?
What are some things you think amateur founders do?
Looking forward to hearing your thoughts on this! š š
I Help SaaS Founders Scale Quickly - Dan Martell
#SaaS #B2B #Founders #Entrepreneurship #Leadership
Credit: Jason M. Lemkin
Posted by Dan Martell on LinkedIn
link: linkedin.com/in/dmartell