Should you follow up with a VC?

VCs are in the service industry. If a VC misses their “by when” commitment, by all means, you should follow up with a note, gently reminding them of their commitment and ideally offering a bit of new news that rekindles their interest. If you don’t hear back you have your answer.

How do you prepare to meet with VC?

Do Your Homework: 5 Ways to Prep for a Meeting with a VC

1. 1) Research is Your Friend. Research whomever you’re meeting with—their background, history as investors, the type and size of investments they’ve made.
2. 2) Find a Connection.
3. 3) Understand the Firm’s Focus.
4. 4) Discover the Difference.
5. 5) Have an Objective.
6. Bottom Line.

How do you talk to competitors?

The Etiquette of Talking about Your Competition

1. Avoid talking about your competition. When you bring up your competitors in a presentation or conversation, you’re actually putting yourself in a weak position.
2. Be honest.
3. Don’t go negative.
4. Leverage the stories of your existing customers.

When should you follow up after a VC meeting?

Your ongoing follow-ups should be sent every 3–5 days and include: Mention of the round is filling up (use the reservations system). New investors in the round, who have signed and wired funds. Product and Sales launches wins (traction, launches & new customers).

How do you close an investor meeting?

Ask about doubts. At the second meeting, I find it’s useful to end the meeting by asking the straightforward question: “What are your remaining doubts or concerns about making this investment?” The response to this question will usually indicate whether you’ll be able to address those concerns or not.

What is VC meet?

These meetings may have specific areas of focus like business analysis, due diligence and risk assessment, or legal concern. Or any other area of interest. The main purpose is to systematically and meticulously assess the investment prospect and decide whether it is worth considering and approving for a VC investment.

What Does VC mean in meeting?

Voice Channel,” “Voice Chat,” or “Video Chat. VC is widely used with the meanings “Voice Channel,” “Voice Chat,” or “Video Chat” to refer to direct communication by voice or with video, as opposed to text messaging.

How do I follow up with an investor?

First Follow-Up After the meeting, you should follow-up via email and include: The deck you reviewed with the investor in the meeting (attachment or docsend is fine). Answers to any outstanding questions from the meeting. Any materials the investor requested.

What should I look out for when meeting competitors?

In order to ensure that the competition law rules are not broken, you should always bear the following in mind when meeting your competitors: Do make sure there is a legitimate purpose for the meeting and that it is not a cover for anti-competitive activity such as price fixing or market sharing.

Is it legal for competitors to meet each other?

While there is no legal prohibition on competitors meeting each other, there are strict competition law rules prohibiting such meetings where they result in a breach of competition law.

Do competition law rules apply to social events and meetings?

Do remember that competition law rules apply to social events and encounters. Do obtain legal advice prior to any meeting or discussion with competitors. It is remarkable how many business people end up sharing information with their competitors that they would never share with colleagues within their own organisation.

Should we meet our competitors at trade association meetings?

Indeed, the world of business simply couldn’t function if we did not meet our competitors in certain circumstances, such as at trade association meetings. While there is no legal prohibition on competitors meeting each other, there are strict competition law rules prohibiting such meetings where they result in a breach of competition law.