What Is The DFJ Network? 23 funds, >$6 billion in capital 150 professionals, 600 portfolio companies Unique access, insight and deal flow
What Makes A Company Successful? How you finance your company matters! Team Idea Finance
Is VC Right For Your Startup? Scalability of Business Capital Required to Achieve Breakeven Cash Flow High Low High Low Venture Capital Build a Giant Co Bootstrap Own 80% of a Small Co Not Viable Weak Barriers: Venture Capital Strong Barriers: Bootstrap
Why VC Is Helpful? Low High Friends & Family Angels Venture Capitalists Capital Advice Connections
Are You Ready For VC? Great Team Huge Market Product in Market Seed ($50K - $1M) X Series A (>$1M – 5M)
What Materials Do You Need? Get the meeting Executive Summary Create interest Presentation Explain how Financial Model
What Topics Do You Need To Cover? Executive Summary Presentation Location Mission Overview Addressable Market Competitive Landscape Barriers Achievements Financials Capital Raised Objectives Management Bios
What Topics Do You Need To Cover? Location Mission Overview Addressable Market Competitive Landscape Barriers Achievements Financials Capital Raised Objectives Management Bios Be sure to include these Not market size State why you’re better May be more than you think
How Do You Get The Meeting? Mutual Contact LinkedIn Cold Email Spam Most Effective Least Effective Direct Introduction
What Is The Objective Of The First Meeting? To get the second meeting. What is the objective of the first meeting?
How Can You Maintain Momentum? Industry News Milestones Internal Materials
How Do You Know You’re Close To A Term Sheet? Can you come meet the rest of my partners? How do you feel about these terms?
What Should You Expect In A Term Sheet? An Exploding Offer Exclusivity 30 day Due Diligence Participating Preferred Stock Liquidity Preference Founder’s Equity Vesting
Contact Info Mark Davis DFJ Gotham Ventures (212) 279-3980 Blog: markpeterdavis.com twitter.com/markpeterdavis
Editor's Notes
Early stage technology investors, focus on digital media and other sectors 5 investment professionals in NYC First institutional investor when there are no customers New investments are the future Sampling of portfolio companies
Early stage technology investors, focus on digital media and other sectors 5 investment professionals in NYC First institutional investor when there are no customers New investments are the future Sampling of portfolio companies