Soft spoken and thoughtful synopsis of what investors are really looking for, rather than simply a business plan:
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Chris Tottman”VCs don’t invest in business plans. Business plans are easy to write.”
That’s NVIDIA founder Jensen Huang’s take.
Here’s what VCs actually invest in: Trust
Your reputation follows you. Your history matters.
Jensen had worked with the founders of Sun, Synopsis, and LSI Logic.
They’d all succeeded. Built good things.
When he walked into a VC meeting, that reputation walked in with him.
Even with a badly written business plan.
Trust beats PowerPoint. Every time.
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Video source: Startup Archive
