💰Venture Capital (VC Funds)

Learn Venture Capitalist: https://www.youtube.com/watch?v=Wi3PiZsIfBU&ab_channel=StanfordDecisionsandEthicsCenter https://www.youtube.com/watch?v=Jzz4AEIddzY&ab_channel=YCombinator https://www.youtube.com/watch?v=3Fx5Q8xGU8k&ab_channel=YCombinator VC investment group https://twitter.com/uniquevcs?t=04-K70nXHOh99A4RcUmCHg&s=09 VC funding: Investors pooling money together to invest in projects. Fund managers reach out to potential investors (seed investors) inviting them to participate.

VC fund manager:

Someone who represents a VC fund reviewing projects to determine growth potentials.

Retail investors:

Non-professional individual investors who invest money themselves or through brokerage firms

Picks & shovel investments:

‘During the gold rush it’s a good time to be in the pick and shovel business’ – Mark Twain. These investments include

ICOs

Initial coin offerings Things to understand:

• Existing competitors (look at other chains)

• Who are your users

Applying for funding

To cover on your pitch:

• Product demo

• Pain point (show the running app, example on how this works)

• Transaction (MAU, DAY, TVL)

• Market size

• Email follow up 24-36 hours (deck & other relevant documentation)

Step 1.

• Write up a pitch deck

Step 2.

• Create a prototype that works (nice UI)

Notes:

• Social media interaction is important

• Things consumers actually want & need

• Discord/Twitter interaction is very important

Look into XNFT