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AttractingtheAttentionofVentureCapitalists(二)
Attracting the Attention of Venture Capitalists Ray-Young Lu, Ph D. 1. Assumption Lists product spec. rather than tech. tree price trend cost trend competition market size P/E ratio when IPO 2.Business Plan market share revenue forecast BEP, break even point ROI and timetable 3.Contingency Plan risk analysis failure scenarios exit at least cost/loss 4.Commitment full time your family hard cash co-investment 5.Determination 6.Entrepreneurship garage spirituality laboratory rather than beautiful office equipment rather than big sedan cost and expense sensitivity 7.Fast Move and Flexibility 8.Golden time-to-market rather than as the 1st mover 9.Golden sample for DD due diligence at your cost rather than capitalists?cost 10.Humbleness appreciation for each penny of hard cash good CTO is not necessarily good CEO 11.Integration relevant experience/expertise effective team effective leadership 12.Jacob second son of Issac not for fame, not for money, but for undertaking negotiate not for the 2nd wife, but for true love endure all life no complaint 13.Killer Spec. or Application
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