Table of Contents
What should I ask a VC investor?
The 12 Questions All Founders Should Ask VCs
- ↗️ Do you lead?
- ➗ What \% of the fund is this investment?
- Do you typically take board seats?
- 🏦 How much is reserved for “primary” vs.
- 🎲 How often do they “follow-on?”
- 🥞 Have you led follow-on investments?
- 📰 What are the reporting requirements going forward?
What questions should you ask a VC during an interview?
“Do you lead?” is the only question you should definitely ask upfront; the rest are better peppered through emails, and second and third meetings, as you get a sense of interest. Do the due diligence on your VC. Call references — founders the VC backed that succeeded, and more importantly, those that didn’t!
How to make a good first meeting with a VC?
You should always be prepared for a planned meeting with a VC, so don’t neglect making an effort to get to know who they are: view their website, check out their profile on LinkedIn, read their blog or other published pieces. From your first meeting, think about building a lasting relationship, whether or not you end up working with them.
How do you know if a VC will click with you?
To know if the two of you will click, you should get to know each other as not just professionals, but people. You should always be prepared for a planned meeting with a VC, so don’t neglect making an effort to get to know who they are: view their website, check out their profile on LinkedIn, read their blog or other published pieces.
How long does it take to get funding from a VC?
Ideally, you are first interacting with a VC firm long before you need the money. Relationships take time to build. Perhaps a stunning business plan will get an immediate response from VCs, but even in those circumstances, closing a funding deal can take many months.