Learn what VCs really want from the Founder who Collects Billion Dollar

Being successful in the world of venture is not just a good idea and excitement. The founders who want to invest should understand what investors actually call. In TechCrunch’s Build Mode program, Sasha Orloff, the founder and CEO of Puzzle, who managed to collect 1 billion dollars funds, studied this critical topic in depth.

Basic findings from Orloff’s experience:

• Financial reality awareness: Investors prefer the founders who fully understand the financial status of their business. -Data quality: Mixed or irregular data reduce the negotiating power of the founder in negotiations with investors.
• Metric management: Misunderstanding or unrecognized performance metrics can lead to serious problems. -Timing: Starting the fund collection process until the cash-end phase, negatively affects the term terms and value.

Orloff emphasizes that successful funding tours are not only capable of persuade, but also gain solid financial preparation. Understanding the own data of the founders, metrics need to correctly comment and take strategic steps in time. Without this preparation, even the best idea can put the co-founder against potential investors in a weak position. Successful entrepreneurs must make internal financial structures intact and clear financial stories before starting the investment process.