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by marrington 4102 days ago
Certainly yes, but it usually takes longer than 3 minutes to figure stuff out. What I really need is an hour at least with a startup 1 on 1 to know if I'm really interested. But like I said above, that doesn't scale with so many companies and investors. So you have to trust your instincts, but there's often a herd mentality as investors talk to each other and try to use those signals to help them.
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Would they typically hold longer form talks kind of like public company analyst days where they get into more detail over an hour or so and several potential investors who have dialled in grill them on what is being presented? Apologies for the noob question, I don't deal with startups but am curious about the information dissemination process they use.