An investment into your startup, is an investment into you.
About SpringTime Ventures
SpringTime Ventures seeds high-growth startups in healthcare, fintech, logistics, and marketplace businesses. We look for founders with domain expertise, forging a path with a truly transformative technology. We only invest in software-based businesses in the USA. We bring a people-focused approach, work quickly, and reach conviction independently. Our initial check size is $600k. You can learn more about us and our approach.
About Rich Maloy
Rich’s mission is to rebuild the American dream through entrepreneurship. He believes technology gives all people the opportunity to grow, learn and earn. He is a Managing Partner at SpringTime Ventures and the host of the VC Minute podcast. With prior careers in finance and sales, he's been focused on the startup ecosystem for over a dozen years. He's a father of two young children and loves sci-fi, skiing, and video games.
Last week,Kat talked a lot about storytelling and I highly recommend following her on LinkedIn for more of her great content.This week.I want to double down on storytelling and share my observations and suggestions on how you can do a better job of telling your story and your company story.Every story has a great cast of characters.And in your fundraise story,you are one of the main characters.One of the things I see all the time at pitch competitions is the team slide filled with logo jumbalaya and the voiceover is something to the extent of,and we have a great team filled with incredible careers.It's usually crammed in at the very end as the MC is trying to pull the founder off the stage because their time is up.If you're doing the equivalent of this in your pitch to VCs,you are missing out on a very important piece of your pitch.An investment into your startup,is an investment into you.One of our partners at SpringTime is fond of saying,past success is the best predictor of future success.You have to tell your story of success,ideally early in the pitch.Do it concisely.And whether you have20years of experience or two,I challenge you to summarize it.Into two to five minutes.Then,and this is the critical piece,have one to two anecdotes about how a singular experience ties into your current work.Storytelling is not vomiting facts.Stories have heroes,villains,plot,twists,and triumph.In order for your company to triumph,you and your team have to be the heroes.
Get you started on your fundraising journey. In true VC Minute fashion, all 50 episodes are less than 1 hr 30 min combined.