In a post on LinkedIn, Hunter Walk, partner at Homebrew VC, talks the big reasons why venture capitalists aren’t always honest when they turn down a pitch. One of the main reasons: At the seed stage its 99 percent personal. Here are the three personal issues Walk points to that will cause VCs to back away slowly and have trouble being forthright:
1) The founders aren’t mission-driven. Get good at telling your story. If your heart doesn’t appear to be in your mission, it’s not going to excite investors.
2) There’s a hole in the team. You’re startup’s missing an essential member that the VC sees as necessary for success.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
3) Lack of personal connection.
Check out his post for more in-depth on reading between the lines of VC talk for no, and why it’s a “no” instead of a yes.
