Why VCs Turn Founders Down (Note: It’s Not Always About the Idea)
Successful founders need to have a high degree of confidence in their chosen concept. As such, when founders fail to get investment, they’ll often walk away from a VC meeting thinking, “They just didn’t get my idea.” While this might be true, there are a whole host of other reasons why a VC might pass. Many first-time founders assume it's always about the idea—when often it’s much more about execution, the team, and the market. Understanding these reasons in advance can help you avoid the most common pitfalls and allow you to approach your next pitch with confidence.