Make 2024 VC Meetings Easy with These Questions (COPY THIS) 👇 Here are all the questions I ask during meetings. 1. Who specifically is the initial customer? 2. What is your solution and how does it work? 3. How do you know this problem exists? 4. How do you find customers and how do you reach them? 5. How do you make money? 6. Why do you believe that now is the right time? 7. How do you define your target market and customer segments? 8. Who are the main competitors in your field? 9. What similar solutions exist in other markets? 10. How do you plan to defend your product against competitors? What is your moat? 11. What has been built and shipped? 12. What traction have you achieved so far and what are your key metrics? 13. Can you share some of the learnings since you started? 14. Who is on the team, and what are their unique skills and experiences? 15. How did you meet your co-founder? 16. What are the shares of co-founders? Are they full-time or not? 17. What are your superpowers? 18. How much is the company raising, what are the terms, and who else is involved? 19. How many months of runway do you have? How many months will you extend? 20. Where is the company located and domiciled? 21. What is the monthly burn rate? 22. What does the cap table look like before this investment round and after? 23. What are the key business and product milestones over the next 12-24 months? 24. Why do you do this? 25. What keeps you awake at night?
Very informative
Love it!!! Burak Buyukdemir a tactical question when it comes to ICP- some of my B2B folks can have up to 15 personas for their tech. 😑 how would you explain that?
like all. these are my faves (1) what is your moat, aside from all other comp analysis (2) what are your superpowers (3) share learnings since you started... thanks Burak Buyukdemir good one
Brilliant check list ✅
absolutely great prep list...
My favourite is “can you share some learnings since you started” ❤️
25?! Blimey. I’ll need a lie down.
👏 👏 👏 👏 👏 👏
Great stuff Burak!
Founder, CEO & CIO: Private Equity | CEO: Promoting Knowledge Integrity
3moBurak Buyukdemir Thank you for sharing the question list. As a PE investor, I often explore additional inquiries and revisit them during the due diligence stage: 1. Why Us? Why Now? Understanding why our firm is uniquely positioned to support your business at this moment is critical for assessing strategic alignment and timing. 2. What Value Can We Bring Beyond Capital? Beyond financial investment, how do you see our firm contributing to your business’s growth? This highlights our focus on being a true partner. 3. How Will You Allocate Our Investment? A clear plan for fund allocation is essential, providing insight into your strategic priorities and understanding of business needs. 4. Personal Financial Commitment I also inquire about your personal financial involvement. This reveals your dedication and belief in the venture’s success. These questions guide our discussions and are key to our due diligence, ensuring we invest in companies with aligned values and strong growth potential.