V C Pitch – Part 2
Continuing from where I left, here are the next few tips given by Freeman, who worked at Sun Microsystems, then went on to start a bunch of start ups. He is now running a program at IIMA called iAccelerate – 6 months incubation program for technology start ups.
1. Talk about your background; How you came with this idea and most importantly, why you are confident about the venture
2. Study the market – market size, market growth etc..
3. Do you homework on competition, who are the players, potential threats etc.
4. Your approach to solving the problem, what is “Unique” (your USP)