As a founder, landing your first meeting with an investor is an exciting experience. You've got your deck together and a talk track ready to go. You're ready to walk in, paint your picture, and walk out with plans for your next meeting. However, we often see pitches can go off the rails and it can be easy to lose control of the conversation. But the first conversation should be most valuable for you as a founder.
The average VC + Founder relationship is 8-10 years so it is important to make sure that you're building a relationship with the right people. As Elizabeth Yin, Founder of the Hustle Fund, puts it, "an experienced fundraiser knows that the goal in going into your first fundraising meeting is to ask lots of questions and walk away understanding what next steps make sense."
While it can be intimidating questioning an investor, the following questions should help you start your own due diligence and tailor your pitch for future meetings.