π°Venture Capital (VC Funds)
Last updated
Last updated
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:
βDuring the gold rush itβs a good time to be in the pick and shovel businessβ β Mark Twain. These investments include
ICOs
Initial coin offerings Things to understand:
Existing competitors (look at other chains)
Who are your users
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