TLDR:
- Clive Butkow, founder of Conducive Capital and Kalon Venture Partners, shares insights on attracting venture capitalists to tech start-ups.
- Important traits include understanding unit economics, having the right team, disruptive technology, a large addressable market, traction, and tenacity.
In a recent episode of ITWeb TV, venture capitalist Clive Butkow discussed key elements that attract venture capitalists to technology-focused start-ups. Butkow emphasized the importance of understanding unit economics and highlighted the top five traits that VCs look for in potential investments.
Having close to 40 years of experience in the industry, Butkow stressed the significance of entrepreneurs understanding their business finances and the need for a strong team. He pointed out that venture capitalists are looking for businesses with disruptive technology, a large addressable market, traction, and tenacity.
According to Butkow, the five key traits that attract VCs to a tech start-up are premised on the letter T – Team, technology, total addressable market, tenacity, and traction. These traits play a crucial role in determining the success of a potential investment.
