But before you can pitch to investors, you have to get them to take the meeting — which means emailing your pitch deck to potential investors, and hoping it’s enough to get them interested.
So I can’t say what’ll guarantee a VC yes — a term sheet. If I could, I’d be the one writing them. Nevertheless I do my best to help brilliant founders get funded. On the flip side, here’s what aren’t educated guesses, but guarantees. Or as close as one can get to a guarantee. A guaranteed no. An anti-playbook, if I might call it that. If it doesn’t help, I hope, at the very minimum, it provides you a few minutes of entertainment.
When making a decision on which route to go, it’s important to be honest with yourself and leverage the skillset you (and your team) actually have, not the one you wish you had.
What is a term sheet? It’s the document that contains all financial and legal negotiations for the transaction. The term sheet is usually produced by the venture firm financing the company. When the investment round has multiple investors, producing the term sheet is normally the responsibility of the lead investor.
The company expects Mobileye’s IPO to happen this year. In December, Intel (Nasdaq: INTC) announced its intent to take the Mobileye business public. This business unit makes technology used in advanced driver-assistance systems and autonomous driving. Intel acquired the Israeli-based business in 2017 for $15.3 billion.