Request for advice from TRP

RP-Doctor · 2015-10-26T22:54:55+00:00

I'm probably one of the most qualified to answer this question here. I presented to venture capitalists for two years as part of a pharma startup company before going to medical school. If they told you not to wear a suit, don't, but be prepared to change if need be. A blue sport coat will do just fine. If your beard doesn't grow in very thick, leaving you the ability to make it look clean and sharp, shave it.

What's far more important is staying on point and listening. VCs think they're the shit. It's okay to push back a bit, but when they criticize you (and if they're taking you seriously, they will), never interrupt. Actively listen to their advice. Respond with confidence. Know your shit. Without more detail on what you're presenting I can't really help you, but knowing your shit and speaking confidently are the two most important factors here. I once got railed on for 20 minutes, but I listened intently and even asked a few questions about the criticism. That impressed them far more than actively responding to their criticism with, "no you don't get it," which apparently is the default response of most young entrepreneurs. Make sure you understand what they are saying, and if you presented unclearly before then own up to that and say, "I think I misunderstood you, but I believe this is the data you are asking for. Let me explain again." Do this after they've finished their piece.

permashred · 2015-10-26T18:01:21+00:00

Suit not required=wear a suit. Just because they say you don't have to doesn't mean you can't or shouldn't. Rock a n engineered 5 o'clock shadow if possible, and read up on the 48 laws of power. Best of luck man.

50pluspiller · 2015-10-27T01:40:47+00:00

I interviewed with a famous space company last month, same deal. I wore a button up shirt, black pants, no tie. I had a blazer available, but since temperature was in the 90s,left it in the rental car.

what I did when I started my presentation I rolled my sleeves up to my forearms, as the 6 interviewers were in jeans. This is part of my confidence and exuding authority.

2015-10-26T18:35:40+00:00

Actually I have been where you are, working with VC.

Actually it doesn't matter what you wear, best to wear what you usually wear, dressed up a bit, but not much.

What matters most if how you speak and what you say in the business aspect of your presentation. Read the VC's web site, read their blog and articles that they have authored. If there's not enough material this is a good place to bone up http://avc.com/.

VC are in the business of building businesses and then sell them, they are not in the medical products business per se.

RP-Doctor · 2015-10-26T18:29:52+00:00

[permanently deleted]

Rasalom72 · 2015-10-26T20:07:55+00:00

Know your shit. Be articulate, but don't go overboard with the details (they probably won't understand the technicalities of it anyways). Be able to answer their questions about the business side of the produce. Distribution, cost, production, market, etc.

As for frame, You are the prize... in this case, your product is the prize.. you are going to LET them in on the ground floor of this amazing opportunity. You are only doing it because you need something from them, otherwise, you would be doing it solo.

If they don't want in, there are others who will jump at the chance (abundance mentality).... investors will see a good thing and jump at the chance... but don't get suckered into a bad deal and commit to something that doesn't work for you.

Title	Request for advice from TRP
Author	[deleted]
Upvotes	0
Comments	7
Date	October 26, 2015 5:54 PM UTC (10 years ago)
Subreddit	Posted in /r/TheRedPill
Original Link	https://old.reddit.com/r/TheRedPill/comments/3qb3f2/request_for_advice_from_trp/
Archive Link	https://theredarchive.com/r/TheRedPill/request-for-advice-from-trp.37555 https://theredarchive.com/post/37555

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