Oh yes, I did qualify him for investments and thankfully, I did get answers to all the questions above. I was directly talking to the founder and had researched about his story before getting on the call. He sold his previous venture and is also a partner at a fund in US. I also understood his interest in our company and what are other similar companies he has considered? We also talked about the competition in US and global, both. It flowed like a conversation and I am glad that he was upfront about investing rather than using tricks to fetch information.
I was worried because I just went with the flow and had afterthoughts if I should ever change the context of a call! I am very wary of investors who do not have any entrepreneurial experience. Most of these investors, at least in India, have a very cosmetic entrepreneurial experience?
2 comments
[ 4.8 ms ] story [ 9.8 ms ] threadI was worried because I just went with the flow and had afterthoughts if I should ever change the context of a call! I am very wary of investors who do not have any entrepreneurial experience. Most of these investors, at least in India, have a very cosmetic entrepreneurial experience?
Next steps along the investment track.
Does a sale make sense given investment potential and need / timeline previously identified, if it was identified?
(Was it?)
In the spirit of working more closely, are they aware of any prospects? Perhaps jointly approaching them, or some other arrangement makes sense?
Continuing to grow makes all the sense in the world, right? Taking it that way is hard to find fault with.
You are likely to get the info and maybe position in the conversation you need. At the least, next steps will become more clear.