PAID POST

Are you ready for venture capital?

If you’ve ever watched “Shark Tank,” you know that pursuing venture capital means preparing to answer some tough questions.

Here are 10 key questions you'd better be ready for:

  • What is the pain point that your product or service helps to alleviate?
  • Who is your target buyer and what insight into your markets can you share?
  • What is unique about your business compared to your competition?
  • What is your cost per customer, per-unit cost, and what does your product sell for?
  • Are intellectual property rights secured?
  • What is your marketing plan, financial position, and current prospects?
  • What are the primary obstacles to growth?
  • What is the investment opportunity?
  • What is the valuation of your business?
  • What capabilities do you bring to the table? (Venture capitalists are not only buying into your company, they're buying in to you to lead it.)

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