Wrong People = Wast of Time
Fund: DCM-Doll Capital Management
Posted by anonymous on 2009-07-21
I pitched DCM a few months ago. Pretty much a waste of time. While they have investments in my space and appear to have an understanding of my company's market, the pitch was received by an associate who has no experience whatsoever in consumer software. The guy kept comparing us to an enterprise software company that has totally different technology and ultimately decided we couldn't compete with them. At some points during the pitch I wanted to laugh at how strange the whole thing was.
We got going with them via a prominent partner in China, and were pushed over to the associate in the US. Perhaps it would have gone different with an associate who knew anything about consumer software. Strange process to evaluate deals.
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