Understanding how to build good relationships with investors is essential for becoming an entrepreneur. Not all investors have the same goals – apart from wanting a positive return on their investment – so founders should take the time to understand how to properly build a relationship with traditional VCs, corporate VCs and private investors.
Both classic and corporate VCs want to see two main things: a bright, attention-grabbing mission statement and a solid, long-term business plan.
You can think of it as needing both style and substance. Angel investors are usually more flexible and can often be sold on a great idea and a charismatic, capable team.
Beyond that, interests begin to diverge. Here are my top tips for startups to build VC and investor relationships. ...