Thursday, March 17, 2005

Recipe for Funding Success

Even though it starts off with the requisite "I hate PowerPoint" diatribe, this post actually has a pretty in-depth outline for what to present to a VC (and in my mind, a bank, angels, and other funding sources). In some ways it is just an outline for a business plan, but at least it presents the information in a question format, which I think is nice for the end-user. Just so I don't give all the thunder away, here are the topics - click over to see the juicy details (and BTW, the blog is a pretty good read to boot):
1) WHAT IS YOUR VISION?
2) WHAT IS YOUR MARKET OPPORTUNITY AND HOW BIG IS IT?
3) DESCRIBE YOUR PRODUCT/SERVICE
4) WHO IS YOUR CUSTOMER?
5) WHAT IS YOUR VALUE PROPOSITION?
6) HOW ARE YOU SELLING?
7) HOW DO YOU ACQUIRE CUSTOMERS?
8) WHO IS YOUR MANAGEMENT TEAM?
9) WHAT IS YOUR REVENUE MODEL?
10) WHAT STAGE OF DEVELOPMENT ARE YOU AT?
11) WHAT ARE YOUR PLANS FOR FUND RAISING?
12) WHO IS YOUR COMPETITION?
13) WHAT PARTNERSHIPS DO YOU HAVE?
14) HOW DO YOU FIT WITH THE PROSPECTIVE INVESTOR?
15) OTHER

Saw this off of Boing Boing