At the ‘Connecting Ideas With Money’ session @ Lounge47 this morning, Sunil Jain of Sprout Venture Partners Fund is seen giving entrepreneurs feedback at the end of the session.
He made a couple of points:
- Founders should introduce their teams at the beginning of the presentation. Investors are keen to know upfront ‘who’ they are investing in.
- When presenting the size of the market Founders should use more relevant numbers.
- That the ASK should backed up with a plan of how the funding will be used to build value in the startup
- That Startups seeking funding should also present the ‘unit economics’ of their business to the extent possible
