Too many startup founders don’t directly answer potential investors’ and customers’ questions during initial pitch meetings. As a result, they lose credibility, momentum, and the opportunity to raise new funding or earn more revenue. In this article, we share a simple acronym—BLUF—you can use to remind yourself to give direct answers to questions after you’ve pitched your company. BLUF, short for Bottom Line Up Front, will help you remember to not make this common mistake.
During a pitch, you’ll typically have one to two minutes to capture investors’ attention. If your startup has traction, you can use a Flashback Pitch Deck to wow investors and set your startup apart at the very beginning of your pitch. A Flashback Pitch gives investors a preview of your problem statement, solution, market opportunity, traction, and current fundraise. In this article, you’ll learn how to create a Flashback Pitch Deck and use it to great effect.
When presenting their competition to investors, entrepreneurs typically make two mistakes: they don’t have a complete knowledge of who their competitors are and they present their competitors using a Magic Quadrant. In this article, we delve into why you shouldn’t differentiate your company from its competition with a Magic Quadrant. We also take a look at why you should use a Power Grid to show how your startup is different from its competitors. Finally, we explain how to format your Power Grid to maximize its impact.
After pitching VC’s, the biggest mistake most founders make is not knowing the right question to ask to understand what they’re really thinking. But, what’s that key question? In this article, we share that question with you and discuss the importance of viewing your fundraise as a sales process. After all, you’re selling equity in your company to investors. We also share common investor objections to funding your business and how you should respond to them.
It’s not enough to speak with your customers and hear their thoughts. You need to hear their honest thoughts about your product and its potential value. Most early customers will only want to give your startup positive feedback and pat you on the back for all of your efforts. But, you don’t want a pat on the back or unearned compliments—you want to be punched in the face with honest and actionable feedback. When early customers offer you exclusively positive feedback, you run into the danger of getting false positives.
When pitching to VCs, one of the most frequent errors founders make is incorrectly presenting their total addressable market, or TAM for short. Perhaps because this number is hypothetical and dependent on so many different factors, some founders do not give it the time it deserves. In this post, we offer some tips on how to impress investors when presenting your TAM.
Under lean startup methodology, founders attempt to eliminate as much uncertainty as possible to create some order out of the chaos involved in starting a company. Failures are inevitable; but, great founders know how to fail quickly and cheaply, rather than trying to take on boatloads of venture capital funding to solve a problem with an approach that doesn’t scale or, even worse, to solve a problem that does not exist or is not that painful. Read more about strategies you can use to identify and de-risk key assumptions.
Watch this webinar to learn about the typical requirements for selling into and integrating with health systems, how different approaches to EHR integration will affect your company’s resources, the benefits of working with an EHR interoperability platform, tips for selling into health systems, and more.
Health systems and hospitals face unprecedented cybersecurity challenges—chief among them is the threat to their connected medical devices. Providers use connected medical to improve patient care. But, by connecting these products to the Internet, they open themselves up to many security risks. To protect these providers and the patients they serve, several startups have focused on securing connected medical devices. This piece will look at the most innovative companies in this space.
Read about how a fast-growing physical security startup achieved a $540 million valuation in three years, how one company is revamping its security procedures after Russian interference in the 2016 elections, and more pressing cybersecurity news in this week’s SecureTech News Roundup.
It’s never been easier to start a company. But, it’s never been harder to grow and scale a company. That’s why we teamed up with the experts at HubSpot and Agathos to teach you how to implement an effective enterprise sales strategy at your B2B startup.
According to Goldman Sachs, virtual and augmented reality (AR) will become an $80 billion market by 2025, and $2.6 billion will be specifically for real estate. The medium is extremely powerful. About 30% of the neurons in the brain are dedicated to vision, compared to only 8% for touch and 2% for hearing. Over the past week, Zillow announced the rollout of their 3D Home tool, which lets real estate agents show immersive VC views of homes for sale. Read about the startups innovating in this space.
We are thrilled to announce the newest Dreamit cohort, selected from a field of nearly 2,000 pre-Series A startups.
Dreamit UrbanTech Managing Director Andrew Ackerman joined Charlie Stephens (@charlieNYC), a real estate advisor at Cushman & Wakefield, for his “Leaders Live” series of interviews. Stephens has been involved in advising over a million square feet of tenant and landlord representation transactions within Manhattan and across the country since 2009. He has worked with clients such as Conde Nast, ING, Ernst and Young, and many more.
On May 14, 2019, our friends at Lab Ventures Miami are hosting Future of Real Estate Tech Summit Miami
This event brings together investors, innovative startups and leading corporations in the construction and real estate industry. The audience will be highly curated creating powerful networking opportunities with C-level executives from Developers, Owners, Associations, Construction Companies, Multifamily Offices, Architects, Growth Stage Startups, Strategics, Commercial Developers and more. Startups can apply to pitch at the event.
Remix is currently being used by over 4,000 planners in over 300 cities to enable planners to visualize tradeoffs when making urban planning decisions. The startup is attempting to streamline decision-making for city planners, allowing planners to drag and drop changes like re-route bus routes or additional bike lanes. Planners then see in real time how that change will affect other streets and the flow of transportation as a whole. For cities, better planning results in shorter commute times, safer streets, and lower greenhouse gas emissions.
Dreamit HealthTech alum MedStack recently closed a $2.4 million seed round. The company, whose product helps healthcare technology vendors meet the security and privacy requirements of enterprise customers, plans to use the new funding to expand its team and continue growing its product.
Dreamit HealthTech alum ImageMoverMD announced today it had closed a $4 million round of funding led by Bain Capital Ventures with participation from HealthX Ventures and Cultivation Capital. The company plans to use the funding to expand its medical image management product to new health systems.
Global PR powerhouse Cision announced today that it is acquiring Dreamit alum TrendKite in a deal valuing the startup at $225 million. Learn more about TrendKite and the industry trends behind the acquisition.
Our friends at Jerusalem Venture Partners (JVP), in partnership with the City of New York, are looking for cybersecurity startups to compete in the Cybersecurity Moonshot Challenge, a competition to win a $1 million investment from Jerusalem Venture Partners and the chance to join Hub.NYC.
Earlier this week, the team at Strategic Cyber Ventures released a report on the state of the cybersecurity venture market. Venture investors poured $5.3 billion into cybersecurity startups in 2018. This is a 20% increase from 2017, which saw about $4.4 billion in venture capital investment in the cybersecurity space.
On this special edition of Marketing Matters, Americus is joined by Eran Ofir, CEO and Cofounder, and Dr. Charles Herman, Chief Medical Officer of Somatix. Somatix has created cutting edge technology for the health care industry in the form of a real-time gesture detection platform that utilizes sensors built into a range of wearables, as well as predictive analytics and machine learning to passively monitor, remotely track, analyze, and deliver insights and help act on massive volumes of detected gesture data.
Dreamit is designed to help pre-Series A startups with a market-ready product and traction acquire new enterprise customers and raise their next institutional round of funding. Learn more about the day-to-day structure of the program and how it allows founders to scale their companies in a flexible way.
Raising money for your cybersecurity or physical security startup? We compiled a list of 101 venture capital firms that focus on investing in security startups to help make the process of closing your next round as easy as possible.