Massive value for founders and CEOs preparing for fundraising in this short NFX podcast.
Elizabeth Yin from Hustle Fund discusses the “15 Annoying Things that VCs say or ask”. And how to address them to your advantage! ? ?
Love no. 12, “Why hasn’t this been done before?”
This seemingly ridiculous question is meant to test how you think through trends and changes in your ecosystem.
If it is such an obvious opportunity, what is your key insight or secret that enables you to know about this that others do not? Your domain knowledge? A new trend you are part of?
Whatever it is, every startup needs to have a solid answer for this.
Full podcast here.