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Think of it as an elevatorpitch for recruiting. Not sales, productdevelopment, or fundraising. Your internal team creates your external results, such as new products and increased revenues. As Elon Musk says, “A company is just a bunch of people who come together to create a product or service”.
That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not productdevelopment. Make your focus and priorities clear.
That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not productdevelopment. Make your focus and priorities clear.
That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not productdevelopment. Make your focus and priorities clear.
That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not productdevelopment. Make your focus and priorities clear.
That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not productdevelopment. Make your focus and priorities clear.
Show how your project aligns within your company’s current business imperatives, but don’t throw around hyperbolic and unrealistic metrics about revenue projections and market share. Your elevatorpitch should be one to two minutes long, focusing on topline elements and not an avalanche of executional details and analytics.
It should go without saying that this post is not advice, nor is it recommendation of what you should do, it’s simply my observation of how companies using Customer Development positioned themselves to successfully raise money from venture investors. And I have no doubt the VCs who have to listen to all the pitches would be happier as well.
sites from scratch - Experienced with the majority of the social api’s (Facebook, Twitter, YouTube, Meebo, PayPal, Flickr) - Experience managing offshore dev teams - Most recently a Director of ProductDevelopment at an early stage funded startup [link] meeblog » Blog Archive » starting up: finding your co-founders [.]
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