BLOG STARTUPS, VENTURE AND THE TECH BUSINESS
June 2 2009
by John Backus
- Tagged under
- Entrepreneurs
- Startups
- Tips
- Venture Capital
Top 5 Reasons No VC Will Read Your Email
Top 5 Reasons No VC Will Read Your Email
- You start your email “Dear Investor.” At least pretend that you are only sending your idea to us!
- In the “to” filed, you copy include 100’s of VCs. Again, make us feel special.
- We are an early stage fund and you are trying to raise $50M. Know what size check we write.
- We are an IT fund and you send us a biopharma investment. Know what industries we invest in.
- All of our investments are in the USA – and your company is in Eastern Europe. Know where we invest.
The Corollary: How To Get Noticed:
- Show us in your email that you have read our website and explain how your idea fits our criteria
- Compare your company to another company in our portfolio – and how you could help them
- Lead with an introduction from someone I know well and who I respect and who knows you well
- Tell us how much money you have already invested in your business and why it is beginning to succeed
- Attach a one page summary and a short, crisp PowerPoint presentation (I’ll open it if I I like what I hear in 1-4 above.)
