Remove what-the-heck-does-traction-really-mean-to-a-vc
article thumbnail

What The Heck Does “Traction” Really Mean To A VC?

InfoChachkie

Nearly every entrepreneur has heard the refrain, "Get back to me when you have some traction,” while seeking funding. However, when uttered by most Venture Capitalists (VCs) it conveys a desire to obtain validation of your venture's value proposition from dispassionate, objective third parties. The Inequity Of Validation.

article thumbnail

Investors, MVPs and Evidence of Traction

SoCal CTO

" In Building Your MVP as a Non-Technical Startup Founder , I mentioned that before you build your Minimum Viable Product (MVP), you need to be really clear on your purpose. " But the reality is that they don't mean that. They really want metrics, not a product. It won because of interface, ease of use.

Metrics 264
article thumbnail

Why Millennial Entrepreneurs Should Never Watch Shark Tank Alone

InfoChachkie

The reality television show Shark Tank makes for entertaining content but many of its underlying messages are potentially detrimental to tech entrepreneurs. Thus, emerging entrepreneurs should parse fact from fantasy by watching the show with an experienced business pro. It is also an inspirational alter call to entrepreneurship.