Episode 7: A defeated CEO leaves a meeting with the VC's. Talking points for this lesson include: â¢Â What % of business plans actually result in a meeting with a VC ⢠What to expect at the mtg with a VC ⢠Next steps ⢠What a VC wants to see
The process of raising venture capital for a start-up company is more complex than many may think. A new venture needs much more than just a new idea. This series looks at the different stages of getting the money you need in a light-hearted way. For more information on the art of raising venture capital contact the San Diego Venture Group - online at http://www.SDVG.org.
Episode 1: We take a moment with an Optimistic CEO walking into a VC (Venture Capitalist) meeting. Talking points for this lesson include: ⢠What % of business plans actually result in a meeting with a VC ⢠What to expect at the meeting with a VC ⢠Next steps ⢠What a VC wants to see
Episode 2: An interview with a Lawyer who may be closing your deal. Talking points in this 2-part lesson include: ⢠What to expect in a term sheet ⢠Role played by your attorney ⢠Timeframes expected ⢠Legal costs ⢠Term sheet vs. definitive docs
Episode 3: Identifying the VC's to approach, and how to approach them. TAlking points for this lesson include: ⢠How to select a VC firm to target ⢠How to get an introduction ⢠Sources of information ⢠Where to start if no real contacts
Episode 4: Creating the "perfect financial forecast". TAlking points ofr this lesson include: ⢠How important is a financial model? ⢠How detailed should it be? ⢠Do you send an Excel or a PDF version? ⢠How to keep it up to date ⢠Compensation for team?
Episode 5: The Fran-A-Stat Team works to develop the "killer PowerPoint". Talking points for this lesson include: ⢠# of slides, amount of data ⢠Send to VC? ⢠Animation vs. simple ⢠How important is this vs. bbusiness plan, financial model, exec summary
Episode 6" The VC's of Gunslinger Capital meet to discuss the Fran-A-Stat business proposal. Talking points for this lesson include: ⢠Logistics of how partnerships work and make decisions ⢠How partners are compensated ⢠Typical conflicts ⢠Do associates have a voice?
Episode 7: A defeated CEO leaves a meeting with the VC's. Talking points for this lesson include: â¢Â What % of business plans actually result in a meeting with a VC ⢠What to expect at the mtg with a VC ⢠Next steps ⢠What a VC wants to see
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