Pitching to a VC? Here's What You Need To Know #5

<![CDATA[This piece is derived from David S. Rose speech at this TED Talk. David Rose a serial entrepreneur turned serial investor is also the CEO of Gust.]]>

This piece is derived from David S. Rose speech at this TED Talk. David Rose a serial entrepreneur turned serial investor is also the CEO of Gust.

So what else do you require?

Well, leadership. You've got to be able to convince us that you either have developed a team that has all those factors in it, or else you can. And you have the charisma and the management style and the ability to get people to follow your lead, to inspire them, to motivate them to be part of your team.

All right, then, having done all that, what else do I want to know as a VC? I want to know that you have commitment. That you are going to be here to the end. I want you to say, or I want you to convey, that you are going to die if you have to, with your very last breath, with your fingernails scratching as they drag you out. You're going to keep my money alive and you're going to make more money out of it.

So I don't want somebody who's going to cut and run at the first opportunity. Because bad things happen. There's never been an angel- or a venture-funded company where bad things didn't happen. So I want to know that you're committed to be there to the very end.

Startup Turkey also hosted David S. Rose and below is his talk at the conference

https://vimeo.com/121111560]]>