Investor Alex Dunsdon is co-founder of The Bakery London and Investment Director of SAATCHiNVEST. He’s also been lucky (or smart) enough to invest in the ever popular ‘Citymapper’ app, and he speaks to Breaking Biz about how startups should pitch to investors, what he looks for when making an investment and much more.
This interview offers valuable insight for startups thinking about investment and covers similar ground to my earlier interview with NY Times besteller and angel investor Tucker Max.
Some takeaways from the conversation were:
Pitching problems. Lots of startups mention irrelevant figures when investors just want to know who the target audience is, what problem you’re solving and how you’re talking to them
We’re about to see a car crash with companies that have accepted early stage investment with the wrong type of investors
Pick the right investment partner above the valuation
Don’t waste time with powerpoint slides. Start the conversation. Investors tend to have short attention spans (i.e they’re quick thinking..)