Questions for entrepreneurs and venture capitalists - Rev 1.1
I left one question off my list of questions for entrepreneurs and venture investors:
2. Do you have a solid, easy to understand, transparent, and credible business model?
Here's my revised post...
I'll be attending the VentureOne Summit venture capital conference on March 22-23, 2006 in San Francisco, which is focuses on dozens of entrepreneurs giving presentations on their companies and a fair number of venture capitalists whose attention the entrepreneurs would like to get. I'll be attending as "press" for my finance and economics commentary, Finaxyz.com. Here are the questions which I intend to ask as many attendees as possible, both entrepreneurs and investors:
- What is your target market space and demographics?
- Do you have a solid, easy to understand, transparent, and credible business model?
- Are you building the company for the long term or building to "flip" within a couple of years?
- Are you committed to shooting for an IPO?
- If you decide to sell the company, who would be an ideal acquirer?
- What is your vision of where your company will be in 5 to 10 years?
- How many jobs will your company have created here in the U.S. over the next 5 to 10 years?
- What will be the most positive contribution of your venture to society?
I don't intend to do a scientific survey, but at least I do hope to start some very stimulating conversations.