How to Get Venture Capitalists to Say That Rare, Magic Word – 'Yes' (Hint: It Involves Actual Work)

Venture capitalists are most likely going to say "no" to you. Perhaps one out of every 100 entrepreneurs who scores a proper meeting with a VC will convince them to say "yes."

Christian Hernandez of White Star Capital knows that while those odds aren't great, there are a lot of things you can do to increase them. The entrepreneur who doesn't do his homework? His actual odds are one in a thousand—at best. The entrepreneur who does his homework? Much, much higher. That magical "yes" isn't the roll of a 100-sided die; it's the reward for a great idea, brilliant talent, and a smart vision.

Ask yourself these five critical questions, then read Hernandez's Medium post for details on how to get a VC to say yes.

1. Is the deal at an appropriate stage for the fund?

2. Is the deal in the geographies where we are active?

3. Does your idea have scale?

4. Can your team pull it off?

5. Is the VC firm's portfolio constructed in a way that gives you a shot?

The last one, as Hernandez dutifully explains, is largely out of your control—but hey, that's just part of the fun of being a startup entrepreneur, right?

White Star Capital
Montréal, Québec, Canada

White Star Capital is an early-stage venture capital firm that helps exceptional entrepreneurs build great technology companies. With a presence in Europe and North America and a truly global network, White Star Capital invests in talented teams and supports them to scale globally. Our team has a deep operational background having founded, scaled and exited businesses. Current and previous... more

blog comments powered by Disqus

Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes and author of Tempest Bound. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys hiking, tennis, and martial arts. more

Who's Hiring

Recent Comments

Powered by Disqus