Who makes the best fit at a VCIC event?

Investor Judges

Given the title of the event, the ideal judges are current active institutional investors. That said, there are many people in the startup ecosystem who can add value on a VCIC judging panel. We target 6-12 judges at each event. An excellent judging panel looks a little something like this:

  • 4-8 venture capitalists: from a variety of sectors, stages, fund sizes, etc.
  • 2-4 early stage investors: angel or seed investors.
  • 1-2 accelerator partners: though not current investors, they know the ecosystem inside out.
  • 1-2 serial founders: great to have their insights, though they have a different perspective from investors.
  • 1-2 limited partners: as direct investing has become more common, LPs have become more active.
  • 1 -2 VCIC alum: preferably a regional or global winner currently working in the startup ecosystem.
  • Others who might round out a panel:
    • Educators
    • Attorneys
    • Other service providers

Startups

At each event, we try to get a good mix of startups, representing a variety of sectors, stages, funding requirements, etc. The one thing they all have in common: they are all actively fundraising.

Given the title of the event, the perfect fit is a startup raising an institutional round, having already raised significant seed funding. We also often include promising seed-stage startups in the mix and may even include pre-seed. Even for early-stage, we ask startups to request an equity round.

The perfect founder for VCIC is an individual who is somewhat new to the fundraising process. One founder likened VCIC to, “an accelerator for the fundraising process.” Seasoned founders also like to participate in VCIC because they recognize the time/value benefit of the event, “the most value for time invested,” both in terms of the diversity of the feedback as well as the value of the connections made, all condensed into an intense morning!