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But should you actually write one if you’re a startup, an industry figure (lawyer, banker) or VC? This is a post to help you figure out why you should write and what you should talk about. I know that I have not yet earned these kudos based on investment returns (although my partners have. By definition, you read blogs.
Actually, I think the advice in this post applies to any sales meeting also. I wanted to write a quick post on a pet peeve that I have when teams present “who they are” whether in a bio slide or just in the up front introductions. I am a big believer in VC pitches that the bio slide should come up front.
I had one of the biggest mental breakthroughs about what I want to do differently at GRPPartners in 2013. I’ve written about these sales mavericks before. Three years ago during Thanksgiving I told Nivi I would write down what I look for in an entrepreneur for a series of posts for VentureHacks.
They often make great team members such as head of products, CTO, head of sales, CFO, etc. But when I’m looking to write my check I need to look in the eyes of the captain — the maestro who brings the whole orchestra together. I run the recruiting process for my VC firm, GRPPartners. What about VC’s and Risk?
I have no quarterly sales targets for the first time in a decade – For anybody who’s ever been in a company with sales targets you can attest to what a fire drill the ends of March, June, September and December can be. I’ll write about that in a couple of weeks. I get to choose what I write about.
I’m writing this series because if you better understand how VC firms work you can better target which firms make sense for you to speak with. I’m writing this post to explain to entrepreneurs what you should be thinking about in terms of the VC’s you approach and the size and stage of their funds.
You join teams that got good write-ups on TechCrunch, have great VCs, have star CEO’s, whatever. ” Who cut you in on their bonus because even though you’re “just an sales engineer” they know you really deserved more credit for this deal. Writing a book will be fun. After 6 months – you know.
He writes with a great perspective and is well worth reading. I just completed an exercise where I went out to hire a new associate for my VC firm, GRPPartners. I do find it strange that the most valuable skill for any employee in any company isn’t emphasized AT ALL in my experience: sales.
That’s convenience when your VC is hoping to write the next $20 million check. Look beyond California and you have group purchasing (GroupOn in Chicago, LivingSocial in Washington DC), private sales (Gilt Groupe in NY, HauteLook in LA), artisan marketplaces (Etsy in NY), eCommerce (Amazon in Seattle) and on and on.
I’m very pleased today to announce that I invested, on behalf of GRPPartners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). I’ll explain in detail below.
I will write more about this in the next 2 weeks. Huge structural under-employment in much of the country and full employment in some niche tech markets where it’s impossible to hire developers, designers or sales professionals. So at GRPPartners we’re very active now. I believe that. You feel it, too.
Value Prop Twitter Style : “Ringrevenue’s call performance marketing platform enables ad networks, agencies, advertisers & publishers to generate more inbound sales calls.”. For businesses like this, finding new ways to drive more of these high-value inbound sales calls is key. Rincon Venture Partners and GRPPartners ).
In 2006, Steven Dietz, a partner at my firm, GRPPartners, had given me $500,000 in a seed in convertible debt when I started my second company, Koral. GRPPartners had also funded my first company. GRPPartners has created more than a dozen of these so as a firm we know something about creating big companies.
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