Advice for AI Founders Pitching to VCs

AI founders flocked to Inside's Meet Our Fund 5 event in October 2023 to hear from today's top VC's investing in AI. Our team spoke with VC's behind the scenes to ask them what advice they'd give to AI entrepreneurs pitching to VCs.
Speakers, in order of appearance:
Noah Yago, Cisco Investments, @Cisco_Invests
Vivian Cheng, CRV, @vcheng11
Emerson Kirk, Gradient Ventures, @GVteam
Sheel Mohnot, Better Tomorrow Ventures, @pitdesi
Jessica Kaing, TechStars, @JessicaKaing
Lucas Swisher, Coatue, @LucasSwisher1
Eric Zhu & Christian Elam, Bachmanity Capital, @ericzhu105, @ChristianElam6
Bola Adegbulu, AI Fund, @Bolafyn
Molly Welch, Radical VC, @molwelch
Jason McBride, M12, @M12vc
Andrea Wang, General Catalyst, @AndreaShuyuWang
Ali Tamaseb, DCVC, @alitamaseb
Abie Cohen, Centre Street, @abejcohen
Kanu Gulati, Khosla Ventures, @KanuGulati
Clayton Bryan, 500 Global, @claytonwbryan
Check out the article below for transcripts of their advice:
inside.com/sta...
Key takeaways, organized by category:
1. Focus:
Focus on new problems: Address fresh challenges instead of existing ones. (Lucas Swisher, Coatue)
Future-oriented: Consider emerging problems and long-term impact. (Noah Yago, Cisco)
Go-to-market strategy: Show a clear plan for acquiring customers. (Emerson Kirk, Gradient Ventures)
Authenticity: Be genuine and emphasize your strengths. (Jessica Kaing, TechStars)
Differentiation: Stand out with a unique and sustainable solution. (Jason McBride, M12 & Abie Cohen, Centre Street)
2. Company readiness:
Preparation: Be ready to pitch and accept potential term sheets. (Molly Welch, Radical VC)
Metrics and traction: Focus on growth and revenue, not just fundraising. (Eric Zhu & Christian Elam, Bachmanity Capital)
Founding team fit: Demonstrate your expertise and passion for the problem. (Vivan Cheng, CRV)
3. Market and opportunity:
Scalability: Aim for large-scale impact and billion-dollar revenue potential. (Kanu Gulati, Khosla Ventures)
Problem validation: Ensure AI is the best solution and solves a critical problem. (Sheel Mohnot, Better Tomorrow Ventures)
Customer understanding: Clearly define your target audience and their needs. (Clayton Bryan, 500 Global)
To attend Inside's next event for business leaders, check out our events page: tinyurl.com/tnm...

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