We think it’s crucial than when a business has spent weeks preparing their pitch for our investors that they receive their honest feedback (regardless of an investor’s interest in that opportunity). If someone is saying no, it’s important to know why.
We have seen some glowing feedback over the years, for both the business and the team, but we have also seen some hard hitting feedback. What we look for in these comments is a trend. If 50% of the investors suggest there might be a problem scaling the business, then maybe there is, or maybe this was miscommunicated in the pitch itself.
It has been our experience that founders welcome feedback. It is an opportunity to learn from people who genuinely want businesses to exceed and can provide some helpful guidance.