5 Insights From VC Meetup and Panel for Enterpreneurs

Social Media to Social Business

I love to learn and share those learnings so here are 5 things I took away:

1. Validate the good idea.   Over 50% of new apps and products fail.  Those that success have been vetted and tested.   The advice they gave was to have as many people as possible provide you feedback as quickly as you can. That could be through Kickstarter or just creating an MVP!
2. Either be or hire a Tech Geek!    The VCs validated that every company today is competitive through technology (well, just about!).   The discussion was that every company is a tech company so either the founder or her right hand person needs to be steeped in the knowledge of technology.
3. Network.   Networking is crucial to a successful startup.  All the VCs said that they bet on the person first, the idea second.   In order for them to bet on you, they need…

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