My experience attending my first VC pitch
https://cspags.com/why-we-bootstrap/
My client brought me along with them to their latest VC pitch meeting, which was an eye-opening experience. It reaffirmed my preference to bootstrap vs taking outside money, and I wrote up a few thoughts on that.
https://cspags.com/why-we-bootstrap/
Good post. Nobody should build a business thinking of pleasing investors.
But I do think that entrepreneurs should be able to deal with rejection. Emotional resilience is very important as you know, and giving pitches to investors is a great way to exercise one's emotional strength :-).
The pitch setup you described seems normal. That's how YCombinator does it. 15 minutes blocks and then a decision on the same day. I don't think it's not a bad model. It lets investors look at more pitches and hear from people who otherwise they wouldn't — giving opportunity to more people from different backgrounds is always a good thing.
All this said I agree completely with your post. Bootstrapping is a really, really good path.
Thanks for reading and taking the time to write your reply. Excellent point about being resilient enough to deal with rejection and using pitches as a way to grow that ability.
That's good to know. Like I said this was my first experience so I wasn't sure what to expect. I was just a little surprised at how regimented it was. I guess it makes sense though given the number of pitches they must have to filter through in order to find the ones worth pursuing further.
Yep! I guess we're on Indie Hackers for a reason :)
Best of luck to you.