What VCs Look For In A Fundable Entrepreneur
Here is an excerpt from an article I published on LinkedIn:
Here are some other adjectives and phrases I’ve heard used by investors when describing entrepreneurs they have funded or are working to fund:
“scrappy” – determined, not particularly put together by yuppie standards, tenacious and energetic
“hungry” – having a strong desire or craving for success and money
“coachable” – willingness to be corrected and to act on that correction, easy to work with
“upstanding” – respectable, honest character
“proven” – demonstrated track record, passed the due diligence
“vastly connected” - has a working rolodex of customers they sold to before, partners they worked with before and top talent they hired before
“not arrogant, but has just enough arrogance” – not a “yes” person and knows when to push back and stand his/her ground
“if anyone can succeed in this market, it’s this team” – this management team has domain expertise, working rolodex and the know-how beyond any other
“reminds me of myself when I was an entrepreneur” – someone just like me is fundable
“she’s got chutz·pah” – shameless audacity, guts, confidence and boldness
“he’s a magnet for A-players and partners” – compelling charisma that can recruit and inspire top talent and marquee partners
You can read the entire article here: https://www.linkedin.com/pulse/you-think-got-sirius-power-silicon-valley-rebekah-wu/
Happy fundraising!