ฝัง
- เผยแพร่เมื่อ 21 ก.ค. 2020
- When pitching investors, the words you choose matter. To understand why investors say no you have to know how to overcome key red flags investors look for. Primarily, this isn’t about solely about VC lingo or VC terminology; it’s about removing bad words founders commonly use when pitching. In this Dreamit Dose, Adam Dakin, Managing Director of Dreamit Healthtech, offers three kinds of language-based startup pitch red flags to avoid. Dakin distills this advice from decades of experience as a VC, founder, and advisor to startups.
The next 5-minutes will leave you with a better understanding of how to talk to potential investors, how to talk to VCs when pitching, and why VCs say no based on the language founders use. It will also cover related investor lingo, startup terms to know, and common startup words that have become cliché in 2020. Examples of this are ‘conservative’ and buzzwords like ‘disrupt’; to modern investors, these are words that kill your startup pitch. This isn’t to presume a blanket rule for saying no, but to suggest pitch tips for startups that we see every day. Our insight is meant to apply to all startups, not just Healthtech startups. The same is true for investors. This video isn’t only about pitching healthcare investors or health investors, we cover startup pitch mistakes that apply to all company types. Regardless of whether you’re looking for how to talk to angel investors or seed funding for startups, founders can apply the advice from this video in front of any investor.
A startup is a race against insolvency. If you ask the fundraising expert, to stay operational you’ll need cash flow and traction. At Dreamit Ventures, we intimately understand venture investor lingo and coach our startups to avoid red flags.
That’s how to avoid using words that cause investors to say no when pitching your startup in just 5-minutes!
To watch every #DreamitDose visit www.dreamit.com/dose
Great advice. Especially #3. As one investor said...”I’ve never had any one tell me they have a bad forecast” so they are expecting your forecast to always be a stretch.
Looking forward to other Dose sessions
Thanks Eric! Congrats on your new venture!
OUTSTANDING INFORMATION: 1. no trendy buzzwords, 2. don't use superlatives, 3. NO conservative sales projections. At the end of the day, VC money is not a Derek Jeter single, it's batting for the home run baby. THING BIG & work hard. #awesomevideo #dreamitlove
Great that you shared these very common mistakes @Adam! See these problems so frequently! I hope startups heed your advice!
The investors that are worth their salts aren’t just looking for reasons to say no. They are there to identify opportunities (even beyond that which the founders might have initially identified) and not merely there to look for weaknesses.
Got a startup? Join Dreamit's Rising Founder Program for current and aspiring founders! www.dreamit.com/rising-founder-program
great video!
that's strong advice. Thank you!
Thanks Ed!
Awesome! I’ve definitely said “conservative” for TAM before. Tyty.
Thanks Shanon!
Absolutely on spot. We have been caught on these as well. Learned a lot and help now others to not do the same.
Thanks alot and a follow the Chanel every single day, and I won't stop.
Thanks alot and a follow the Chanel every single day, and I won't stop.
Simply Brilliant!! and i've just taken 14 Conservatives from various parts of my Pitch :)
Glad you liked it. Thanks for watching the Dose - now at 55 episodes!
Would investors be comfortable with me using alternative instead of a buzz word like re-imagine or disrupt
Thanks looking forward for your reply.
Certainly, alternative words are fine. These are not hard and fast rules but subtle changes in phrasing can reveal a lot about how a founder thinks.
Where is the chapter 2 he mentioned at 4:02
Coming out today!
5 Easy To Fix Virtual Pitch Mistakes | Dose 023
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