What not to do when meeting investors!
David Lifson, Sr. Director at Poppin, and previous CEO of Postling and Head of Product at Etsy, gives tips from his own experience on what not to do when preparing and having a meeting with a potential investor.
1. Don't ask them to sign a nondisclosure agreement.
2. Have a technical cofounder, unless you have a proven product.
3. Don't ask for their money to build a product, you need traction already.
4. Don't wear a suit.
5. Don't be late.
6. Don't be unprepared.
7. Don't ask for investment at ridiculous valuations.