Some thoughts on investors collected from my experience and conversations with other founders!
- Are very smart people.
- Really want to see you succeed, wether or not they invested in you.
- Ask interesting questions when looking at your data.
- Work very hard, have difficult schedules and travel a lot.
- Understand the need to rest properly and to have family time.
- Are super well connected in the tech industry.
- Are personally relatable and have similar interests to founders.
On the slightly negative side, a majority of investors:
- Are very busy and spread too thin. They forget things and repeat questions.
- Overvalue plans. Plans are important, but challenges have tremendous uncertainty, variability and interdependence. That's why kanban is so popular!
- Are insecure and suffer too much from "me too" dynamics.
- Are mostly "about financial deals"; frequently, they don't really understand nor voice opinions on important tech trends.
The minority of Outstanding investors:
- Always give more than they ask. They are active ambassadors, users, product team members, etc.
- Have unique, god-view insights into your product and users.
- Have great taste.
- Are opinionated and useful when benchmarking your business, qualitatively and quantitatively (like metrics).
- Get you in contact with other people who also have the traits above.
To be continued!