Startup Funding Espresso -- Mistakes Founders Make With Corporate VCs

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Founders looking to raise funding from corporate VCs should avoid the following mistakes: Not matching the corporate VC to the needs of the startup - corporate VCs bring not only money but strategic value. Not understanding the corporate VC investment strategy - some corporate VCs invest for a financial return while others invest for a strategic partnership. Not building a strong relationship with the corporate VC team - it's best to forge a good working relationship upfront as it will bring value later. Not doing diligence on the corporate VC - the founder should be doing as much diligence on the corporate VC as the VC is doing on the startup. Not knowing what you want from the corporate VC - it's best to identify the needs of the company first and then choose a VC based on that. Not preparing for the product and technical diligence a corporate VC will put on your startup - a corporate VC comes from the large company world with higher standards for product and technical work. Not getting the corporate VC to waive audit rights - audits are a major cost in time and dollars. Not preparing for regulatory issues especially in the financial space - not preparing for corporate team transitions. 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] Music courtesy of Bensound