Survival 2010

Is this why you're not getting funded?

John Matthesen shares why eight out of 10 fail to get funded

Innovation series by Reena A Jadhav
February 11, 2009 | Comments (2)
Short URL: http://vator.tv/n/5e5

135

Keiretsu Forum member and angel investor John Matthesen give Reena Jadhav, Founder, CEO of nuResume.com his top 5 reasons that 8 out of 10 presentations fail to get funded. Every month he sees great ideas fail to raise money since they're unable make a solid convincing presentation. It's a frosty climate to begin with, so entrepreneurs need to make a "super compelling business case" to get investor dollars.  Entrepreneurs end up sharing irrelevant details while not spending enough time articulating the fundamentals of the business they are trying to get funded. In fact, some of them are great ideas but poorly presented resulting in them not making the cut.

Check out the list below and make sure your funding presentation articulates them clearly the next time you go looking for money: 

    1. What's the target business

    2. What's the market and how well do you know it

    3. How do you make money, who's going to pay whom, and when

    4. What's the competition, who else is in the market, and how will you penetrate your market

    5. What's in it for investors

 

He also talks about the "Cool Stuff" committee he heads at K4 which sees ideas as diverse as rocket ships to automatic litter machine for cats. Watch the interview for his ideas on "water is the next oil".  

Comments

Rene M
Rene M, on February 14, 2009

Reena,

Question # 3 and number 5 makes perfect sense to me. In reality, VC dont care about one's lifes story all they care about is WIIFM.

Good piece.


Comment_gbg
Kevin Rivers, on February 18, 2009

Hi Reena,

This is a great story which gives me a great oversight on what to prepare for when approaching a VC investor. Thanks a lot :)


blog comments powered by Disqus
Find your friends' startup new!
Vator is more valuable if you know who's here.
Discover who has a startup and help their success by following their progress!

Featured Stories

Other episodes of this series

Get to profitability now

5204_k4_hamid_rezapour.flv_lthumb

Survival 2010

by Reena A Jadhav
Angel investor Hamid Rezepour speaks with Reena Jadhav

The upside of fear, uncertainty and doubt

5221_k4_steven_elefant.flv_lthumb

Survival 2010

by Reena A Jadhav
Soaring Venture partner Steven Elefant says today's tough times are great for entrepreneurs

Tim Draper gives Survival 2010 tips

5323_s2010_draper_01.flv_lthumb

Survival 2010

by Reena A Jadhav
Crisis is an opportunity to grab huge markets

Valuations are down 50%, get profitable now!

5205_k4_collin_wiel.flv_lthumb

Survival 2010

by Reena A Jadhav
Collin Wiel shares tips and predictions with Reena Jadhav

Are you the next billionaire?

5220_k4nat_goldhaber.flv_lthumb

Survival 2010

by Reena A Jadhav
Nat Goldhaber tells Reena Jadhav why now's the time for billionaires

Latest company news bites on Vator

Cognitive Code Corporation - Mimi Chen (Co-Founder and President)
Crowdfunding is cool - pre-order SILVIA for your Android here: http://www.kickstarter.com/projects/cogcode/silvia-for-android
See more
BuildingLayer - Nick Such (Co-founder and CEO)
BuildingLayer co-founder and Chief Scientist, John Kiffmeyer, is a Featured Engineer this week on EEWeb http://www.eeweb.com/spotlight/interview-with-john-p.-kiffmeyer
See more
AllowanceTree CEO named Today's Entrepreneur by Vator: http://vator.tv/news/2012-05-25-todays-entrepreneur-arnie-benn
See more
Cognitive Code Corporation - Mimi Chen (Co-Founder and President)