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How to Pick an Investor
Matt Mireles the founder of SpeakerText has defined his formula for choosing an investor:
Pitching your startup to investors is a deeply personal matter. More often than not, they––politely or not––call your baby ugly. And that hurts. Good founders, I think, learn to not take the criticism too personally. But in the end, it is personal. They are judging you. And your baby. Thumbs up, or thumbs down.And such is life. But how should we, as founders, judge them? Not all investors are created equal, after all. Once betrothed, the investor––unlike the entrepreneur––is unfirable, a step-father to your newborn startup, an undivorceable spouse in an epic marriage.
Like any proud founder, I am extremeley protective of my newborn startup. She’s my motherfucking baby, after all.
Now, I don’t claim to have years business knowledge or even neccesarily have it right––I’m doing this for the first time––but I do have my own formula.
“Do I want this guy on my board?” This, above all else, is the question.
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Matt on March 25th, 2010 8:21 am
“She’s my motherfucking baby, after all.” Really? Is that any way to talk about your child? This guy may know something about picking investors but not much about expressing himself with any class…
Philip Twite on April 3rd, 2010 4:50 am
Hello
i am a private Investor.I invest my money in only good businessproposal that will generate a good return to its share holders.I invest in personal,loans,business loans,and company loans.
I am willing to help if the person i am investing in has a good business
proposal.I am looking forward to hear from you.free to
contact me with this .. Tell: +447035975497 E-mail
wtphilip@hotmail.com
Philip Twite
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