If your dream is to start a company and make a fortune by taking it public, you’ve got to be thinking about how to pitch investors. After all, without money a fantastic idea, great market potential and talented team won’t amount to very much.
The challenge is to grab the attention of high-powered VCs. They’re inundated with proposals that come at them through everything from email to phone calls to in-person pitches at live events. To break through the clutter, you need a riveting story.
Recently, we watched as tagMap, which produces a social-networking app that introduces people based on common interests, presented its idea to Tim Draper, the noted Silicon Valley VC and co-founder of venture firm DFJ. You can watch, too, on the video below.
Here’s their pitch:
And Draper’s feedback: