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The problem exists, you& #39;ve got the right audience, BUT it& #39;s not as painful to them as you think it is.
(4/n)
(4/n)
The problem exists, you& #39;ve got the right audience, they feel a lot of pain, BUT your solution doesn& #39;t really fix that particular problem all that well.
(5/n)
(5/n)
The problem exists, you& #39;ve got the right audience, they feel a lot of pain, your solution is the right one, BUT it& #39;s not a big enough market.
(6/n)
(6/n)
The problem exists, you& #39;ve got the right audience, they feel a lot of pain, your solution is the right one, it& #39;s a huge market, BUT it& #39;s super saturated.
(7/n)
(7/n)
The problem exists, you& #39;ve got the right audience, they feel a lot of pain, your solution is the right one, it& #39;s a huge market, there& #39;s room for new players, BUT your business model won& #39;t scale.
(8/n)
(8/n)
The problem exists, you& #39;ve got the right audience, they feel a lot of pain, your solution is the right one, it& #39;s a huge market, there& #39;s room for new players, your business model scales, BUT you can& #39;t defend against competitors.
(9/n)
(9/n)
The problem exists, you& #39;ve got the right audience, they feel a lot of pain, your solution is the right one, it& #39;s a huge market, there& #39;s room for new players, your business model scales, it& #39;s totally defensible, BUT you& #39;re not pitching it well.
(10/n)
(10/n)
The problem exists, you& #39;ve got the right audience, they feel a lot of pain, your solution is the right one, it& #39;s a huge market, there& #39;s room for new players, your business model scales, it& #39;s totally defensible, you& #39;re acing the pitch, and they still said no. NOW WHAT?
(11/n)
(11/n)
Non-comprehensive list of reasons why VCs might STILL pass:
- Fund is out of cash
- They invested in a competitor
- They don& #39;t invest in your space (and are beholden to their LPs to stick to their thesis)
- They don& #39;t invest at your stage
- etc etc etc
(12/n)
- Fund is out of cash
- They invested in a competitor
- They don& #39;t invest in your space (and are beholden to their LPs to stick to their thesis)
- They don& #39;t invest at your stage
- etc etc etc
(12/n)
Of course, at any point in this process, the reason they pass might be YOU. The founder & team. Investors may not believe you got it in you. They will rarely own up to this - it& #39;s hard to tell someone you don& #39;t believe in them.
It happens. It sucks. It hurts.
(13/n)
It happens. It sucks. It hurts.
(13/n)
