Startup Funding Espresso – Feedback From VCs

Feedback From VCs Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Investors hear many pitches and often give feedback to the startup. Some investors avoid giving feedback for the following reasons: Argumentative-- the founder argues their way out of the feedback. Instead of accepting the feedback, the founder shows how it is not valid. Reputation risk -- some founders retaliate when they hear feedback they don't like. Instead of working on the feedback, the founder spends time getting even. Getting personal -- some feedback has to do with the team. It can be awkward to share personal feedback on the founder, so many investors avoid it. Founders can gain more feedback from investors by doing the following: Indicate respect for the VC's opinion and show a willingness to learn. Ask for specific feedback rather than general. Ask about areas of weakness and show you are open to the response. Skip the rebuttal and accept what is given. Avoid getting angry about feedback you feel is not right or unfair. Consider these points in encouraging more feedback from the investor. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact [email protected] Please follow, share, and leave a review. Music courtesy of Bensound.