#055 - Kingma Ma - Getting Inside a VC's Mind: Pitching, Investing, Common Mistakes, Due Diligence and Funding

In today’s episode of Bricks & Bytes, we have Kingma Ma, Managing Director UK at PT1 and Member Board of Directors at UK PropTech Association (UKPA). 

In this episode, we discuss PT1’s investment thesis, mistakes businesses make when pitching their services to VCs, VC's approach to investing in startups, ConTech in the UK vs. Europe and much more!

Tune in to find out about:

• The VC investment process
• Most common framework VCs follow for investing in businesses
• What makes a great founder
• PT1’s due diligence process

If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!

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Kingma Ma  | Managing Director UK at PT1 | ConTech

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We are travelling to Chicago to Procore Groundbreak on September 19th and 20th to interview innovators in construction technology - let us know if you are coming!

Check https://www.procore.com/groundbreak

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Today’s Sponsor: ⁠⁠⁠beta⁠⁠⁠ – Construction and technology network platform 

– connecting the tech industry with traditional construction partners. 

Check ⁠⁠⁠⁠⁠⁠www.the-beta.com⁠⁠  

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Timestamps:

(0:00:00-0:06:55) - Intro

(0:06:55-0:09:35) - Day in the life of an MD in the UK

(0:09:35-0:21:00) - PT1's framework for investing in businesses

(0:21:00-0:30:30) - PT1’s due diligence process

(0:30:30-0:32:50) - Comparing ConTech in the UK vs. Europe

(0:32:50-0:35:15) - Determining the potential success of a startup

(0:35:15-0:39:10) - Common mistakes businesses make when pitching their services

(0:39:10-0:41:00) - VC's approach to investing in startups

(0:41:00-0:58:20) - Best practices for VCs when communicating with investors

(0:58:20-0:59:07) - Outro