Darrell posted a question on facebook yesterday asking
What is your take? Personally I think it is the entrepreneur’s fault. If the entrepreneur is clear about his business and revenue model. He should be able to communicate clearly and in simple terms that the investors understand. I been to several VC pitches and also had the opportunity to hear others pitch. I forgotten where I heard this phase but it sticks to my mind.
VCs are stupid, just tell them what you are doing and how are you going to make money! Keep Things Simple. – I forgotten where I heard it.
So what do you think? Who is at fault? I created a poll and let see what is the result? Because as we can see from the picture above, all are pointing to the fault of the entrepreneur.
*btw if you are thinking that something happen to Intraix when we pitch. Thank you guys we did not met with this problem :D. And hopefully never will.
- What a Love Doctor Taught Me About Fundraising (techcrunch.com)
- Want to get in front of a VC? Be a little creative–human even. (thisisgoingtobebig.com)
- VC Mindset (battlehardened.wordpress.com)