Over the past month or so, I have been approached by a few people asking me for advice on the best way to promote their new startup idea to venture capital companies or “connected” people who have experience in helping companies find VCs or angel investors. As I am not a “connected” person in the VC space I thought I would reach out to get some feedback from people reading this blog.
Queston 1 – What tool should I use when being connected via email?
For example, the people I am talking to have new business ideas and are starting to put together their business plans and need something to send to connected people that provides more details on the concept without going overboard with too much information.
My thinking is a 3 slide deck that has the following information:
- What is Business Problem Being Solved?
- How Does your Idea Solve this Business Problem?
- Why Me?
With a short and simple slide deck a person can quickly evaluate the idea and either respond to the idea or determine they are not interested. Thoughts?
Question 2: How to find those “connected” people who will respond to email requests?
I know a few people who work with VC firms and can ask them to review my contacts ideas but I think there must be other ways for them to get more feedback. Anyone have good ideas?
PS – This blog post is for others as I am not planning to do a startup due to my family requirements, health complications, and general willingness to sacrifice my life to a business idea. I just want to offer these people the best advice I can find.
Spector Ramblings 