Over the past year, I have pitched at 5 different events to audiences totaling over 2000 people. I have spoken to many clinicians from top hospital systems and investors from leading venture organizations. I am not looking to brag nor ask for sympathy, simply I am looking to ask why haven’t I received more financial backing. Why are organizations not more willing to fight for what they believe in and put money where their mouth is. I simply have to wonder.
From the numerous events, conversations and news articles that my company has been featured in, I know that I have struck a true pain point that exists in so many people’s lives. This problem of dementia and caring for loved ones touches so many, yet we are still in the same place as we began this discussion with. I have been toying with this question for the past week, what is the missing link or links that I am not getting. Or is this just the way it works you pitch thousands of people and get no capital interest regardless of how real the problem is to those thousands.
I have been going through the checklist of potential solutions. Is it the way I have been positioning the company? My market? My lack of hardware experience? What is it?
I know I may never know but this question still sits in the back of my head. I also wonder if other startups that have pitched have had more success than me at these events. Once you are in the circuit you tend to see the same companies over and over again, but I wonder if anyone tracks the true impact of events on companies after the fact or if these events are merely interested in themselves and the success of the event. I wonder
For now, I will keep fighting and keep pushing forward, I will try to change things up finagle my way into the right hole as I keep fundraising and see what works.