Decoding Secret Investor interactions!! 1) Investor: “Lets hop on a quick call to learn more about your company” Founder’s Translation: They want to look interested, but their real decision will happen later after 50 other calls 2) Investor: “Send me your pitch deck, and I'll share it with my partners” Founder’s Translation: The pitch deck is going straight to their ‘To Be Reviewed’ folder, aka the black hole 3) Investor: “We love what you're doing - its such a great idea!” Founder’s Translation: They've told five other founders the same thing today 4) Investor: “Let's revisit this once you hit some key milestones” Founder’s Translation: They want me to prove everything before they take a risk 5) Investor: “How do you differentiate yourself from the competition?” Founder’s Translation: They Googled my competitors five minutes ago and now want me to justify my existence 6) Investor: “This could be interesting for some of my friends - let me see if they'd like to invest” Founder’s Translation: They're not sold, but they're willing to delegate the 'No' 7) Investor: “We typically dont lead rounds, but we could follow” Founder’s Translation: They will only jump in once someone else takes the risk 8) Investor: “Can you model out your revenue for the next five years?” Founder’s Translation: They want me to predict the future, even though no startup ever gets it right 9) Investor: “I'll be out of town for the next couple of weeks, but I'll follow up when I'm back.” Founder’s Translation: They are ghosting me politely 10) Investor: “Lets start small and see how things go.” Founder’s Translation: They don't want to miss out, but they're not ready to fully commit 11) Investor: “We dont usually lead rounds, but we're happy to participate once someone else commits” Founder’s Thought: So you want me to pitch everyone else first, get someone on board, and then you will swoop in? Got it Its easy to understand the hidden clues fast, and respond accordingly. Let me know what is your favorite in the list. Also, feel free to add more to the list. Follow me for more interesting startup contents!
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