Pitching to a VC? Here's What You Need To Know #4
Next up is knowledge. If you're telling me you're going to be the great developer of the map of the human genome, you'd better know what a human genome is.
I mean, I want you to have domain expertise. So I don't want somebody who's saying, "Hey, I've got a great idea in a business I know nothing about. I don't know who the players are. I don't know what the market is like." So you've got to know your market. You've got to know your area.
And then you have to have the skills that it takes to get a company going. And those skills include everything from technical skills, if it's a technology business, to marketing, and sales, and management, and so on. But, you know, not everybody has all these skills. There are very few people who have the full set of skills that it takes to run a company.
Startup Turkey also hosted David S. Rose and below is his talk at the conference