How I Landed a $250,000 Investment From the Co-Founder of Netflix
Summary
I missed the 4 p.m. flight by minutes and ended up on the red-eye from Los Angeles.Related: What Do You Do When an Investor Suddenly Changes the Terms Mid-Deal?Well, 2,000 plus miles, and too many cups of coffee later, I was on set! I didnt know much about the judges besides Kim, so when I got the email from the production team, I caught up on the most recent episodes, and read up on the other judges.From that moment I knew that I wanted to work with Marc Randolph. Would you do anything differently?Yes, I meant to negotiate Marcs offer to get his valuation up higher (we made a deal for $250,000 on a $4.5 million cap) but my adrenaline was pumping and I was just so excited. Shes been my biggest cheerleader, from the early days when she helped me practice my MBA PowerPoint presentations, right up to being on my one support call before I entered the elevator to pitch. Then remember to follow the formula when you make your pitch: introduce yourself, state the name of your company and your tagline, describe your product, and have a well-thought-out ask along with your valuation and how you plan to use the funds.