Irish Tech News Features ValidSoft CEO Paul Burmester
'.....CEO of ValidSoft @ValidSoft, part of a fantastic team developing and driving Multi-Factor Authentication to mass market adoption, enhancing user experience & reducing fraud in the digital age. Also strategic advisor to a number of early and later stage technology companies. Also advising Private Equity, Venture Capital & Incubator Funds on their technology investments & mentoring their portfolio companies.
Tips for pitching to an angel investor like yourself?
Personally I think it’s important that they have done their research & know who they’re pitching too and why. There’s often a tendency to waste everyone’s time by pitching to anyone who’ll stand still long enough but I believe it’s important to look beyond the money, which if you have a great idea then you should easily be able to get from anywhere, and ask “aside from the investment, what else can this person do to help my business succeed?”
You’ve grown lot of companies, does it get easier, or are the challenges constantly changing?
If you ask me this question during the middle of a tough day tell I’ll probably tell you that it’s always tough but when reflecting during a quiet moment I have to be honest & say that it does get a little easier. There are always lots of challenges, some you’ve seen before and many that are new and changing however, the end goal remains the same and with experience you learn where to seek help, how to make quicker decisions and how to admit a mistake and take remedial action quickly. There are also key traits that many founder lack with regard to team building and motivation, relationship building (with customers, partners, investors, influencers) and the simple (but complex if you don’t know what they are) basic obligations of running a legal company. These are things that have destroyed many a company, despite having great ideas and technology. So in the end the journey does become easier....'
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