More than anyone, we know that if you want people to pay attention to your product or service, you’ve got to have a killer pitch. We were thrilled to be able to talk about DomainSkate at the Feliciano Center, Montclair State University’s hot bed for entrepreneurs.
The “Montclair Entrepreneurs Meetup” featured 5 top VC and Angel funders as well as a moderator from the NJ Economic Development Corporation.
After an introduction by professional Angel investor John Ason, the panel had a great conversation about startup growth and funding. It gave us some interesting insights on funding models, valuation discussions and what each of the investors cares about most. There was a fascinating discussion of hedgehogs (people who focus on one thing) vs. foxes, who are more generalists. The investors self-identified as either foxes or hedgehogs for their investment philosophies — some chose to focus on one industry (hedgehogs) and some are more general in their portfolios (the foxes). Good to Great has a summary of this concept relating to companies.
After the panel we pitched our concept to a panel of VCs, funders and angel investors. As co-founders we got some immediate feedback on how we present our company, and which elements are most interesting to investors. This kind of feedback is invaluable and we are always open to do pitches to receive feedback. (Operators are standing by.)
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