It was our fist day at the Red Herring event, we met a lot of people and learned some nice things on the landscape of technology startups.
There was some very nice presentations, the most interesting for us were:
Top Ten Qualities for Success
(M) Alex Vieux, Publisher & CEO, Red Herring
Jennifer Fonstad, Managing Director, Draper Fisher Jurvetson
Ted Anderson, Managing General Director, Ventures West
Mark de Groot, President & CEO, MSBi Capital
which was a panel of VC telling what they are looking for in the business they wish to invest in.
But certainly the most interesting part was: “Meet the Money: A Jury of VCs Evaluates Canadian Startups”. Four startup founders pitched their product idea to three VC investors and the speaker has 10 minutes to convince the VC’s to invest or not in their company. The VC commented the presentations and decided on the spot if they will invest or not in the company.
Very good pointers for us to refine our speech of tomorrow.
This post is tagged financing, red herring, startup, venture capital
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