From Gigaom
How do the Venture Capitalists rate the companies they back up? Do they just read the business plan. Some as featured in this article has rather a unique way of selecting their winners.
l Checking the cellphone; how old is the cellphone; how old or late they make their first call in the morning. If they make early calls, then they call Eastern seaboard in USA and must be making a lot of State business;
2. Stanford in resume - Many successful companies in Silicon Valley had Stanford diploma
3. How street and academic smart are they. The combination of both make for great entrepreneurs/business leaders.
4. What do they read; (yes book reports do count. Special reports in the class) They are indicative of their entrepreneurial knowledge
Secret algorithm of VC in selecting their winners by Remmy Oxley
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