Not getting funded… are YOU the problem?
Many startups don’t get funded simply because investors don’t like/trust the founders or feel that something is off.
2048 Ventures Managing Partner Alex Iskold has identified 9 recurrent patterns why investors won’t invest in a founder.
I find a lack of intellectual honesty—no. 2 on Alex’s list—particularly troublesome. Not necessarily straight out lies, often it manifests itself during the pitch as a lack of facts & data, accompanied by an overkill of subjective arguments.
Here is the complete list:
- The know-it-all type
- Not intellectually honest
- Not likable
- Not coachable
- Not enough experience
- No fit with the market
- Can’t pitch
- Cant build a team
- Odd co-founders dynamic