This article was first published by Technical.ly.
For startups considering the venture-backed route, an infusion of capital can be a pivotal moment that helps fill up the office, raise up regional or international outposts or get a product across the finish line.
Really, venture capital is about having the resources to validate (or disprove) a business model.
But the road to the term sheet, as any startup can tell you, can be a challenging one. It can start with doing loads of research, polishing slide decks to exhaustion and persisting until that first make-or-break meeting is set up.
But what then? How can entrepreneurs leave that first meeting — whether it’s a full-on pitch or a chat over coffee — having raised real interest?
We spoke to more than a dozen Philly investors about how their ideal first meeting with an entrepreneur should go. Read up before you head into the pitch room.