Jason M. Lemkin says don't bring advisors or angels to investor pitches. Investors want to meet the founders, especially the CEO. Your early team should be people actually building the product and talking to customers, not non-core contributors.
Be honest but if you're caging no one will believe that you're going to build a unicorn. Mistake number.
Three and.
This happens more often later in the process and more often in in person meetings and zooms these days but it still happens all the time. Don't bring the wrong people with you and don't put them in your slide deck either. Advisors are great, mentors are.
Great, angels are great but.
They'Re not your team. Do not.
Drag your.
Advisor someone you're paying shares for to help you raise money to the investor pitch. A few folks will challenge us but the reality is investors want to meet the founders and particularly the CEO. But the founders that's who they're betting in. It's usually at least 50% of the.
Bet always.
And especially early stage. So don't bring people who aren't part of a long term team.
Don't bring.
People who aren't writing code, who aren't making decisions, who aren't talking to customers.
