I have a friend who decided to attend a VC pitch roundtable event for the first time. He asked if I knew anything about that event and to be honest I did not know anyone who had attended such of an event. BUT, I said, look it’s $60 or so, just try it once, worse case you get to network with some VCs. So he went.
Before the event, you get the bios of the VCs so that you get an idea of what each VC’s expertise is in, possibly even cater your pitch based on this. If you want to sign up, you can pitch for 90 seconds to a panel of 5 or so VC judges otherwise you can be a spectator. The judging is based on whether that particular VC would fund the venture on a scale of 1-5. Apparently, the 90 seconds was not enforced so my friend ended up feeling cheated hahahaha. It’s OK because it takes more skills to sell in 90 seconds than it does in 5 minutes. Eleven “companies” pitched in front of 30-40 people and my friend ended up in the middle, not bad, not good. He really enjoyed the experience and even said that I need to do a pitch feedback event too. I’m up for it. Next time, you’ll see me.
To find a VC pitch feedback event near you, try going to http://upcoming.yahoo.com and search on “startup pitch” and then your geographical location. I did a search and came up with these bay area events:
- SVASE First Impressions Funding Pitch Feedback, with DFJ, ONSET Ventur…
- SVASE Funding Pitch Preparation Workshop
- SVASE Startup-U SFO: PPT Pitch