This Week in Startups E981: Roy Bahat, Head of Bloomberg Beta, shares the myths of venture capital, the great value of founders turned investors, why VCs reject startups, searing insights on fundraising & valuations, and predictions on the future of enterprise, AI, work & automation @ LAUNCH Accelerator
Sep 27, 2019
Roy Bahat, Head of Bloomberg Beta, brings a wealth of experience in venture capital with a focus on the future of work and machine intelligence. He debunks common myths about VC pitching and shares why angel investments from former founders hold great value. Bahat discusses critical reasons VCs reject startups and emphasizes the importance of trust in founder-investor relationships. He also explores the evolving landscape of work, the impact of automation, and highlights the need for adaptability in the face of technological change.
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VC Investment Decisions
- Most VCs make investment decisions based on pre-existing beliefs, not persuasion.
- VCs prioritize internal career advancement over making sound investments.
Pre-Pitch Preparation
- Reference-check VCs to understand their network and values.
- Target introductions from individuals respected by your target VC.
Standing Out
- VCs look for outlier companies with unique qualities.
- Founders must articulate why their company stands out and why that particular VC is the best fit.