VC Unlocked Deal Camp Day 3
.
I was totally lost at Cap Table lab but was absolutely mindblown at Opportunity Assessment session by Rob Neivert (google him). He trained us how to pick questions and how to ask it the right way.
.
Quick summary:
- Start with investment thesis
- Do quick outside your thesis
- Train to ask the right questions
- Soften on people, hard on issue
- Your investment portfolio is very important
- Top 3 questions must generally be related to your thesis
- Understand what we’re getting with the question is more important than the question itself
.
More notes 📝
- 1 on 1 interview for valuating the person, the founder, not the slides, not the business plan! So let them leave pitch deck behind.
- Be careful when you (investor) think you can fix things, how do you check if you can fix it (it’s not your responsibility to fix it).
- Pay attention on how founders take advice & accept feedback. How they REACT is VERY important. Because… EGO IS THE NUMBER ONE PROBLEM!!! (Oh so damn true… *wink NAGA)
.
#nutstudy #nutsays #nutstyle #nutslyfe #nutsinberkeley #us #nutsinus #vcunlocked #dealcamp #500startups #berkeleylaw (at Berkeley, California)
https://www.instagram.com/p/BnGg0ujHtWT/?utm_source=ig_tumblr_share&igshid=8emtn5hjjnwn