I pitched my startup idea to a robot VC
Aqua Drone. HighTides. Oh Water Drone Company. H2 Air. Drone Like A Fish. Whatever I called it, it was going to be big. Huge. Well, probably.
It was the pitch for my new startup, a company that promised to deliver one of the world’s most popular resources in the most high-tech way imaginable: an on-demand drone delivery service for bottled water. In my mind I was already picking out my Gulfstream private jet, bumping fists with Apple’s Tim Cook, and staging hostile takeovers of Twitter. I just needed to convince a panel of venture capitalists that I (and they) were onto a good thing.
There were three VCs in total. The good news was that at least one of them already loved my idea. But he still had a few pointers. I should, they suggested, focus on a niche market, whether that be athletes, office workers, or music festival attendees. They also wanted me to do a better job articulating why people should buy water from a drone rather than just picking it up at the store. Fair…