Venture Capital (VC) Pitch Due Diligence Qs | Sramana Mitra
What you'll learn
- Through real-life pitches and dialogues, learn what investors want to see in a pitch.
- Learn what goes on in an investor's mind when they are reviewing a startup pitch.
- Why 99% of startups fail to get funding from Angels and VCs no matter how hard they try.
- How to analyze your own startup with an investor hat on.
- What the difference is between successful and unsuccessful startup pitches.
- How to increase your chances of getting funded by Angel Investors and VCs.
- What the most common mistakes are that startups looking for funding make.
- How to go to investors as King, not as beggars.
Requirements
- The only requirement for this course is an open mind and a willingness to learn.
Description
Let me start with a quote from Marc Andreessen:
“At our venture capital firm we only invest in a sort of Silicon Valley–style tech. We see 3,000 inbound deals a year. And those are inbound and coming through our referral network, so those are sort of prequalified. We can do maybe 15 or 20 investments out of the 3,000 a year. So I like to say our day job is crushing entrepreneurs’ hopes and dreams. Our main skill is saying no, and getting people to not hate us.”
Source: Inside the mind of Marc Andreessen – Fortune Magazine
It pains me to see how many entrepreneurs have no idea what makes a startup fundable. Over 99% of the entrepreneurs who seek financing are rejected.
If you get rejected by Accelerators, Angels or VCs, and they don’t tell you why, you need to understand the objections and the analysis that led them to their decision. Most good investors take the time to explain. Also, there are some fairly standard reasons why entrepreneurs get rejected by investors.
So, my humble advice to all entrepreneurs: please learn to assess your own probability of getting funded. This course is a very good start if you need a crash course in fundability.
This is also an excellent preparatory tool for building your investor pitch.
In the course, you will find sample pitches with feedback sessions.
The 1Mby1M courses are all heavily based on interview-based case studies on Innovation, Business Models, Go To Market Strategies, Validation Principles, and various other nuances of an entrepreneur's journey. We offer extensive opportunities for entrepreneurs to learn the lessons from the trenches from successful entrepreneurs who have done it before and Investors who support their ambition.
Who this course is for:
- Ambitious entrepreneurs who want to build startups right, without wasting a lot of time on pitching random investors for funding before they have a fundable business.
- Engineers who want to turn their tech knowledge into multi-million dollar revenue businesses by becoming startup founders rather than remain employees.
- Entrepreneurs who want to understand what a fundable business is.
- Aspiring founders who want to increase their chances of getting accepted into a top startup accelerator such as Y Combinator, Techstars, and 500 Startups, because they would need a fundable business before being accepted into any of them. These Accelerators are not interested in non-fundable business ideas.
- Any entrepreneur who wants to learn from successful entrepreneurs who have done it before and from investors who have supported them
- Professors teaching technology entrepreneurship courses anywhere in the world.
Instructor
- 4.7 Instructor Rating
- 2,638 Reviews
- 21,085 Students
- 87 Courses
Sramana Mitra is Founder and CEO of One Million by One Million (1Mby1M), a global virtual accelerator that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy, and is author of the Entrepreneur Journeys book series and Vision India 2020. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology. In 2015, Sramana was named one of LinkedIn’s Top 10 Influencers, alongside Bill Gates and Richard Branson.