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Wine & Venture Capital. Start-ups are like wines in the grape stage Plenty of sour grapes. Can’t entertain every start-up idea No shortage of proposals. Takes a long time & hard work to produce good fruit. Pruning is uncomfortable. No room for sentimentality.
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Start-ups are like wines in the grape stage Plenty of sour grapes
Can’t entertain every start-up idea No shortage of proposals
The success of a wine is determined by the skill of the winemaker
Reality will almost always be different to the business plan
Venture Capital investors don’t generally include non-profit businesses in their investment portfolio Wine farms don’t generally make profit
While blind tasting is a thing in wine circles, Venture Capital investors do not welcome blind investing
Customers may be more willing to splurge on wines with some sort of story behind them
Don’t make investment choices near an open bottle Sometimes the best investments are the one’s you don’t make
Just like a small wine farming community, everybody knows what everybody else is doing....
Not all business plans make it to presentation stage but are often worth looking at
There is no simple formula for creating a successful business like there may be a standard method to making a good wine