Convincing a venture capitalist to support your business is both an art and a science and few first-time founders get it exactly right. Still, you'll want to avoid the most common mistakes and most egregious turn-offs.
ADVERTISEMENT
PRESENTING: The first-time founder's ultimate guide to pitching a VC
Just because you've binge-watched "Shark Tank" doesn't mean you know what it takes to deliver a successful pitch to investors.
VC Pitches 1
ADVERTISEMENT
We asked seasoned investors and company founders for their best advice on pitching a venture capitalist plus the most common pitfalls to avoid.
Some of our favorite tips include: Remember that the VC wants to invest (or else they wouldn't be hearing your pitch), and explain to them exactly how you're different from your direct competitors.
Oh, and be sure to know your numbers. You'd be surprised by how many people don't.
ADVERTISEMENT
Subscribe here to read our feature: The first-time founders ultimate guide to pitching a VC
See Also:
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
10 African countries with the most intelligent people - report
5 interesting facts about Nigeria’s second richest man as he marks 71 years
Ireland considers halting visa-free travel for South Africa
The US asserts that it is a better option for Africa than Russia and China
Malak El Masry speaks on championing entrepreneurship and art in Africa
Junta led Burkina Faso suspends more foreign media over killings coverage
10 African countries with the strongest merchant marine fleet
Who are Africa's biggest Esports teams?