Business-to-small & medium business (SMBs): For companies targeting SMB customers, investors want to believe that there is a validated, repeatable profitable marketing equation. The marketing equation is defined as the relationship between the customer lifetime value and the cost of acquisition. Put simply, investors want to know that a company can repeatedly acquire customers for $X and generate more than $X in gross profit from each customer. Depending on the business, investors will likely vary in how many customers they want to see profitably acquired.
Startup funding is a binary event. In the binary language of computers, a zero represents the “off” state and a one represents the “on” state.
I’m not anti-raising venture capital. Far from it. And if you really want to experience the “startup life” then raising money is a big part of that. So is the accompanying acceleration and craziness. It’s part of the package. That’s what startup entrepreneurs live for; the lunacy of it all is one of the major reasons we get into the game. You might not realize just how crazy it is though, until you’ve raised money and you’re trying to clone yourself while running a marathon sprint through the desert with no water or clothes on. Sounds like fun, eh?
第一封Email就太随意,满是文字和语法错误,而且完全没有做点研究。但是第二封Email才是关键,让我决定写出来给大家看看。当然,你的项目是最大的,你也当然不是第一次创业,你的市场是有200亿美元。而且毫无疑问,我就是某个遵守破规矩的老土VC,很明显我会改变我做事的规矩。(注:全是反话!)







