Whether you ever raise funding from investors or not, you as an entrepreneur really benefit from being able to see your business through the investor’s eyes.
Below is a part of our conversation with Jeff.
For that I talked to one of the most respected early venture capitalists in Silicon Valley, Jeff Clavier. Together we distilled the mental process he goes through when he looks at an early-stage business. Jeff is French, a founder and a VC who’s managing a $55,000,000 fund this year. Here is a preview of the infographic. Let me know what you think.
According to Jeff, investor decision process is based on the following factors:
- market opportunity
- founder dilution
- other investors
- funds contacted
- cost of funding
This all can be summed up in the “3 Asses Rule”:
- smart ass team
- kick ass product
- big ass market
BizAngel.co is a Business Angel Network accredited by the Malaysian Business Angel Network (MBAN) the official trade association and governing body for angel investors and angel clubs in Malaysia. We strive to bring entrepreneurs and investors in Asia to fuel the startup ecosystem.
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