Remove Business Model Remove Churn Rate Remove Conversion Remove IP
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Startup Benchmarks

VC Cafe

One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate? Is my churn rate below the category average? Benchmarks are typically specific to stage/business model/geo.

B2C 141
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Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

I’m not afraid to pick up the phone, cold call someone, use LinkedIn to find someone who’s recently left a company that might be considered competitive and ask them for advise around the business model and marketplace. At the end of the conversation, ask them if they’d be willing to make an introduction. 2) Do less and iterate.

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Webinar Recap: 14 Tips on How to Pitch and Get Funded

Up and Running

Another assumption is that you’ve actually conducted due diligence on your own business, and these are the areas of your team, financials, your competition, your IP, market trends, because the best pitches I’ve ever delivered were when investors were raising their hands and asking me questions about, “How is your IP protected?”