Leo Chow (Season 0)

6 days ago

One key learning I got was it’s better if you already have a handful (5 or less) sales clients before approaching pre-seed VCs. These sales clients are able to give strong positive testimonials of your product and perhaps even be an investor in your product (because they loved it!). Preferably these clients are not family or friends. If you have zero clients, it is still possible to approach pre-seed VCs, but this needs to be compensated by other significant factors such as having a reputable and strong team of founders. (edited)

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Vincent Koc

5 days ago

1. Start conversations and building connections with VCs super early, take them on the journey?
2. Not all VCs are right for you, do you want to be unicorn or scale at a reasonable speed?
3. Be prepared, do your homework, sweat the metrics
4. Funding on idea only, this is rare and happens to exceptional founders with history/domain expertise
5. You have NO defensibility pre-seed

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Chuhao Liu

5 days ago

One action I took from this is to build a startup update newsletter on Substack. So when VC want to check my progress, it will be there. Aim to build long relationship

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Vincent Koc

5 days ago

I will do something simmilar in Mailchimp, but i want to keep this private so i can share more of the IP and discussions

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