From VC Intro to Term Sheet: 10 Surefire Steps! Master Your Story: Beyond numbers, paint a vivid vision. Know Their Lens: Research their fund's thesis, portfolio. Tailor your pitch for alignment. Prove Traction: Show compelling progress: revenue, users, key partnerships. Data speaks volumes, reduces risk. Deep Dive Market: Convince them the market is massive AND accessible. Rock-Solid Financials: Realistic projections, clear assumptions, deep unit economics. Highlight Your Team: Showcase expertise, complementary skills, & passion. VCs back founders as much as ideas. Address Risks: Acknowledge challenges head-on. Propose clear mitigation strategies. Builds credibility. Data Room ON: All legal, financial, IP docs ready before they ask. Signals professionalism & due diligence readiness. Strategic Follow-Up: After meetings, provide timely, value-add updates. Show progress, not just "checking in." Cultivate Momentum: Discreetly signal other investor interest.
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