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Biggest mistake founders make when explaining their idea to VCs is label themselves equal to an established brand in same or another sector. For example, I am building the CRED for health sector or I am building the Indeed for students or I am buildi

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Anonymous

Anonymous 3

Stealth • 9m

It is assumed as an advice if you label something as "biggest mistake". Secondly, we label ourselves as some other startup to show the USP itself. Like OYO for salons, now this becomes pretty obvious what the brand might be doing. Also these 1 liners are never to elaborate on what we are doing but to just give a gist of what we do

1 replies2 likes
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