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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.

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Investors, MVPs and Evidence of Traction

SoCal CTO

Yesterday, I was talking to a startup founder about their MVP and they said something that finally got me to write this post: "I have a few investors interested but they want to see a product." " But the reality is that they don't mean that. They really want metrics, not a product. Results of Algorithms.

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Why Millennial Entrepreneurs Should Never Watch Shark Tank Alone

InfoChachkie

As noted in What’s Real About Shark Tank , the show can give consumer product companies a significant marketing and revenue boost, as it did for one of my former students, Jeff Overall, Founder of PolarPro. A version of this article previously appeared in The Wall Street Journal. According to David S.