# 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>\
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**VC investment group**\
[https://twitter.com/uniquevcs?t=04-K70nXHOh99A4RcUmCHg\&s=09](https://www.youtube.com/watch?v=EEuPmA8w0Kc\&ab_channel=Finematicshttps://blastctrl.com/https://twitter.com/samoyedcoin?s=09https://twitter.com/uniquevcs?t=04-K70nXHOh99A4RcUmCHg\&s=09)\
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**VC funding:**\
Investors pooling money together to invest in projects. Fund managers reach out to potential investors (seed investors) inviting them to participate.

![](https://3505330573-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F17Y4ZB0dl280NH9CAMkR%2Fuploads%2FNCXHSd50dPasndPHL49g%2Fimage.png?alt=media\&token=b2ee1e2f-7410-45e5-8e02-bc626353c531)

**VC fund manager:**

Someone who represents a VC fund reviewing projects to determine growth potentials.&#x20;

**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&#x20;

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**ICOs**

Initial coin offerings \
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Things to understand:

* Existing competitors (look at other chains)
* Who are your users

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### 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)

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Step 1.&#x20;

* Write up a pitch deck

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Step 2.

* Create a prototype that works (nice UI)

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Notes:

* Social media interaction *is important*
* *Things consumers actually want & need*
* Discord/Twitter interaction is very important&#x20;

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Look into XNFT