VC Masterclass, featuring Daniel Li, principal at Madrona Venture Capital
Questions VCs Will Ask You
Li is heavily involved in the Seattle area through work with the Pacific Science Center, Challenge Seattle, and the Fred Hutchinson Cancer Research Center. He has also contributed to TechCrunch and VentureBeat. He publishes the weekly podcast/newsletter The DL.
While most of the topics covered in a standard meeting with a VC have become common knowledge, what an investor is actually hoping to learn by asking questions often remains hidden. The following is structured to show both the superficial meaning of questions and what a good investor can derive from answers.
- Questions: What is currently lacking in the team, and how did the founder choose the people they hired? Who else are they working with, and what led them to see themselves as well suited to solving the team's problems?
- What They Mean: Most of the information an investor wants can be gleaned from a LinkedIn search, so the questions seek to establish...