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Venture capitalist gives entrepreneurs tips on the best pitch
May 30, 2011 /
Several dozen budding entrepreneurs and tech minds, many armed with iPads and MacBooks, surround venture capitalist Jason Mendelson as he holds court in an intimate coffee shop.
He tells them that a business plan should include estimates on revenue and expenses, even though he knows their projections will always be wrong.
He says that if they’re not social, they should find a business partner who is. He won’t invest in your company if he doesn’t want to have a beer, or an iced tea, with you. And he compares meeting a startup to a first date.
"I want to feel that energy climb," he says of subsequent meetings.
By Andy Vuong
Full Story: http://www.denverpost.com/business/ci_18167729
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Posted in: Funding and Building your Business