Wednesday, August 22, 2007

SocialURL and RembrandtVC.com

Our advisor (Anne Donker) set us up for a pitch meeting with RembrandtVC's general partner and principal Richard Ling today. We provided the venue for the meeting at an office space that belonged to Anne's friends. (won't mention names) Anyhow, I managed to come up with 3 additional slides to the powerpoint that i did not originally have and all within an hour prior to Richard's arrival!

Luckily he was about one hour behind schedule...:) Lessons learned:

1. Should have said "I don't know" at some point to make clear that funding would help us to get to that place of "Ahah...I know!"...this is often more about financials and profit models (those of you starting your own companies know what i'm talking about)

2. Sell what makes sense to your investors- not what you think makes sense to your ambitions...

3. Never pitch alone...always have an advisor or partner...

4. Get a haircut at Addy's he is an awesome hair stylist that will make you feel like $1MM bucks at $25 bucks! (promised i'd plug him)

5. Always Be Prepared...even when you don't feel like you are...act as if!

6. Be thankful for the opportunity even when its not in the form of a check!...working towards something you can't see, feel, smell or touch is one of the most profound experiences in the known universe...it is what separates Entrepreneurs, from the rest of society and the masses...not knowing when, why or how at times but moving along with determination, passion and conviction...

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