As a venture capital investor we see hundreds of entrepreneurs each year. Our objective is to find a few that we can support. But, along the way, there have been some notable standouts who have stumbled before leaving the first meeting. I thought it would be fun to share with you some stories and suggestions on what not to do between the first contact and end of the first meeting.
1. Send separate e-mails to all the partners
Recently we had a company send the exact same pitch e-mail to all the partners at Pangaea. I can understand the entrepreneur’s desire to increase his or her odds of getting a response but this can cause confusion at our end and we ended up passing on the deal partly as a result of the entrepreneur’s stumble out of the gate.