Finance Workshop VGGP

(en) Algunas ideas y conceptos de los ex-profesores del MIT Entrepreneurship Center en el seminario de finciación del crecimiento del programa @valencianglobal

Slides:

• Don't forget the "opening gambit" (Show somthing new)
• More info on what headache you solve
• Money back x2, go public, boost!)
• Working Capital to offer the product
• Be careful with black background and white typo
• Opening is everything (in 2 or 3 mins. it means … 20 secs?)
• V.C. Vulture Capital

More ideas:

• V.C. Vulture Capital : Entrepreneurs are Lionesses (hunters), Venture Capital are Lions (laidback)
• Investment pith teaser (2 pages) sent to one particular person (not to a company) (C-level)
• If you want to go global, look for companies in your target market
• VCs look forward for reasons to say NO
• VCs are lemmings and sheep "cross" (They want risk only if it's popular)
• VCs have fear (to miss something cool) & greed (to do lots of money)
• Pitching you must thin "I know them" (you do in someways)
• Worst result = a quick no (without explanations)
• Put emotion in your presentation, you want they join a "profitable journey with you"
• ALWAYS have Copies of your presentation: .pdf, dropbox, ppt, keynote … and hard paper 
• And send them (if needed) three days in advance
• The best moment to present: 10:00 hrs
• Quantify your value proposition very early
• Be careful to be not prepared, to be off script or to choose the wrong inspector
• Forget how you do it HERE if you want to go global
• Align bullets, no periods (bullets), down left (x/y)
• Key words: enable, help, assist
• Master the presenter screen
• Be macho, but not all the time
• Be careful with investors who charge fees on their time
• The less experience you have, the most experienced you hire
• Share-Options-Public : Taxes-S.A.-More flexibility
• Window opportunity, early adopters (chance to own market), clear $ model
• Stages: Incubation, Proof of Concept, Co. Creation, Business Build Out, Growth, Market Domination
• Finance is the relationship between time, money & uncertainty
• Don't get a bank - banks are tools
• Exit = Liquidity event with a change of control
• Create competition between VCs
• Plan, be prepared. Remember: luck is the outcome of careful preparation
• Considering an exit, maintain a "ring of silence"
• No VC will sign a NDA in USA