14 criteria for VC investment

Mondo Technology Updated on 2024-02-01

01 Entrepreneurship

When an entrepreneur does a company, the starting point is to achieve a career, this kind of person is relatively entrepreneurial, and there will be some industrial complexes and ideals in it, so he will be very focused. A dedicated team will truly do their own things to the extreme.

02Ability to continue learning

In today's era, knowledge is updated very quickly, and even if you are an expert in a certain field, if you don't continue to learn, you will be eliminated. For entrepreneurs to compete, they need to constantly see the changes that are taking place in the industry.

03 High cognitive level

Specifically, it is the perception of products, business, and capital. Even if you are not a product person or technician, you must know where the benchmark of the market is; Be empathetic and be able to think from the perspective of users and the market; In addition, it is necessary to make capital a partner and understand the risks and costs of different money in the market.

04 The pattern of cooperation

The pattern of the entrepreneur determines the pattern of the enterprise. You must believe in the value of cattle, dig out and find the best understanding of this thing in the industry through various channels, use personal charm and interest mechanism to attract cattlemen to your platform, and be able to use cattle, so that cattlemen can play the greatest value. There is no lone ranger in the primary market, and we must create opportunities to make money with many people.

05 Be open-minded

There is a sentence in "The Three-Body Problem", "Weakness and ignorance are not obstacles to survival, arrogance is." "Entrepreneurs should avoid small achievements and empty everything, but have an open mind, force themselves to step out of their comfort zone to hone and learn, and accept new things and new ideas. "An open-minded founder may have a strong opinion when communicating, but when you make some suggestions to him, he will think deeply, absorb the views and knowledge of various industries, and after consideration, decide to agree or disagree with your views. Jingwei China Xu Chuanchen once said.

06 strong logic

When we ask entrepreneurs questions, often some people will answer the wrong question, or go around in a big circle. If he answers investors like this, then it will be the same when it comes to the company's internal management. When an entrepreneur manages a company, the logic should be very good, and the question should be answered directly, to the point, and solved in a few words.

07 Adventurous spirit

Many entrepreneurs often dare not start a business the more they understand, because they see a lot of difficulties. However, entrepreneurship is difficult and multi-faceted, and daring to take risks is a quality that entrepreneurs must have.

08 Persistence and stamina

Entrepreneurial success, ability is only a necessary condition, not a sufficient condition, sometimes you need luck or persistence, you have to persevere when it is difficult, maybe you pass this hurdle, the future will be better.

09 Ethical integrity

The nature of capital markets is a need for trust and requires very high ethical standards. For example, investors invest tens of millions of dollars in a company, but in the end all they get is a little legal document and a bunch of "waste paper". These "waste papers" represent the equity of the investors. If there is no moral trust, even if the company is doing well and making money, it may not give you a share or wash you out through some method.

10. Follow the rules of business

In the entire business society, first, be socially responsible, your product or service cannot be a deceptive thing; Second, be responsible to shareholders, because shareholders give you money and support you to trust you to start a business; Third, be responsible for employees, as the boss of a business, employees join the company because they trust you.

11. Ability to find people

After the CEO has raised funds at different stages, the main thing is to keep looking for people to improve the team. Everything is done by people, and the ability to find people is one of the core competencies of CEOs.

12. Health and emotional stability

IDG Capital Xiong Xiaoge once said, "Only with a healthy body can we have a healthy mind." "If you are not in good health, it will definitely affect the development of the company. Emotional stability is mental health, and if he is emotionally unstable, he may do something very extreme when he is stressed.

13. Educational background

When judging a person, the resume will not be used as a very important reference. There are many elements of luck in your resume, such as if you do well in the college entrance examination, you will enter Tsinghua University; Maybe you passed an interview and you went to Alibaba. For investors, what kind of people do entrepreneurs deal with and make friends, what is their reputation among friends, and what role they play in a matter may be more critical, but he must have a sense of the industry.

14 votes for the person you like

Warren Buffett said that when he invests in an entrepreneur, he must be willing to bring his family to dinner with the entrepreneur. If you can become friends, you can do post-investment services well, and you are willing to help him.

Related Pages