Angel Investor/ VC Protocol

The purpose of this document is to follow a set of rules while coordinating interaction between startups and potential angel investors and VCs.

The protocol is as follows:

While looking to raise investment for any PS Startup, first prepare a spreadsheet of potential angel investors/ VCs (on google drive’s relevant folder)

The spreadsheet should contain the following heads:

• Name
• Company/ Organization (they are associated with along with the designation)
• Company Link (website)
• Profile link with sub-headings like Linkedin, Twitter and Angellist
• Email id
• Agenda (which will state the purpose behind reaching out to them)
• Status (where do we stand with the investor)
• Date (of the update)
• Phone #
• Study Material(prepare a doc which will have links to some latest interviews/ articles published by the potential investor and put the link of the doc in this column)
• Source of Existence (how did we come to know of the potential investor)
• Comments
• Minutes Doc (if we get to communicate with the investor, prepare a minutes doc and add the link in this column)
• Importance (specify why the potential investor is important to <name of the startup>meaning why are we reaching out. )
• Always get the email approved by the concerned person (Nishchal, in Arav’s case) before reaching out to a potential investor.
• Make sure to attach the slide deck while pitching to the investor.
• Acknowledge emails from investors but make sure to not give them unnecessary notifications or make their inbox noisy (as they get hundreds of emails every day).
• Investors get hundreds of emails every day and our email is bound to get lost in the mix. So make it a point to follow up with the potential investor (but be patient and give them some time to respond).
• Whenever there is any communication or development, make sure to update the spreadsheet.

The above protocol should be adhered to.