Founders Flash: Three Strategies for Entrepreneurs to Win VC Investments

Launched by a group of MIT engineering students, Spyce was created to be the world’s first fully automated restaurant, serving meals with fresh ingredients in under five minutes. To turn their food technology invention into a real money maker, they needed investors to finance their dream. But how did they attract these investors? How did they secure funding? And ultimately how did Spyce receive a $2.57 million investment from venture capital firms?

In this issue of the Flash, we outline three strategies for entrepreneurs to win VC investments:

  1. Know your market and your competitors.
  2. Improve the bottom line.
  3. Do your due diligence.

Also in this week’s Flash:

 
= required field