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I will not promote Has anyone else been told this?
Some backstory: I am a co-founder of a software startup. We've been building our app self funded for a year now, almost ready to start putting it out in the wild wild west and have started a pre-seed funding round. We need the investment since my credit cards are exhausted and so no more run way. We hired an advisor to help us with the pitch deck and overall messaging. Admittadly we needed it, but with a lot of revisions everyone felt we were almost there. We knew our website needed TLC but decided that some initial outreach attempts would be good. So our advisor put a referral to a couple of VC's in his network. The below snips are the responses given: "essentially they told me that while you had a good pitch deck, there were red flags in other areas and it was hard to figure out what exactly you do. Specifically, they called out that "it's really hard to figure out what they do on the website - and the website is in dire need of an overhaul" and the other person said "I can't figure out who works there based on their LinkedIn profiles - and none of their profiles scream "founder" to me".... You all have a lot going against you - you have more corporate backgrounds, you're older than a lot of founders, you're not in SF and NY, and you don't have some signal like a premier school or company you've worked at....the website feels like it's from the early 2000s" * So how many of you been told "you're too old" to invest in, or "you didn't party in our favorite ivy league school." Or better, your experience isn't relative to running a business because you spent your career, running or helping to run... a business?2
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