Following any "no" response, including a

[zihadhasan019]

No answer" within a couple weeks following the meeting, I'd email and ask for a phone call to discuss. 60%+ of the VCs we had met in person took those calls and explained to us some of their reasons for rejecting the investment. I'd specifically ask what they liked, what they didn't and what they recommended for us to improve. I was both impressed and grateful to receive a number of thoughtful, honest answers, and encountered only a couple of folks who clearly didn't remember our pitch or company well enough to provide a cogent response.


Some of the things the VCs generally liked: russia email list The Self-Service SaaS Business Model - although there were a few dissenters who thought we should pursue a more classic SaaS business with tele-sales would be better, most were supportive of the self-service methodology. The Community & Userbase - that's you! Great work, gang The Marketing/Sales Funnel - investors tended to like the freemium/content model that attracted potential customers at a low marketing cost The Technology Achievements - nearly all of the VCs with technical backgrounds were impressed by what we'd achieved with the Linkscape web index and ranking models work, particularly on such a small amount of capital.




Unfortunately, there wasn't a clear winner in the reasons VCs didn't want to make an investment. I did, however, make a quick chart noting which reasons were most frequently given by the investors for why chose against us: Reasons VCs Didn't Invest It's important to note that many of the VCs who said no that we followed up with gave multiple reasons for the decision. Some of these we found very reasonable and agreed with, others we struggled with.