Speed mentoring with venture capitalists

 

mentoring

I previously posted about how the Navy uses speed mentoring to help sailors find mentors. This was the first time I’d run across “speed mentoring.” Well now it’s cropped up again, not to find mentors but to help founders find venture capitalists!

The article BITS Global Meet 2017 sets a platform for speed monitoring with venture capitalists on Thomson Reuters ZAWYA details how this works. Thomson Reuters ZAWYA is focused on the Middle East and North Africa regions.[1][2][3][4]It is headquartered in Dubai, United Arab Emirates

This two-hour session will start with an introduction to the concept of Speed Mentoring, followed by almost 6 meetings with one of more VCs. During these meetings entrepreneurs will get a chance to pitch their ideas to the VCs and get expert business advice on their projects. The session concludes with a 30 min informal networking session for knowledge sharing and inspirations from the VCs!

This two-hour session will start with an introduction to the concept of Speed Mentoring, followed by almost 6 meetings with one of more VCs. During these meetings entrepreneurs will get a chance to pitch their ideas to the VCs and get expert business advice on their projects. The session concludes with a 30 min informal networking session for knowledge sharing and inspirations from the VCs!

I’ll be very interested to see if speed mentoring is actually a trend or if these two incidents are just outliers on the mentoring spectrum. I’ll be looking for followups on these speed mentoring sessions and for other instances to report on.

 

 

Author: Mentorphile

Mentor, coach, and advisor to entrepreneurs, small businesses, and non-profit organizations. General manager with significant experience in both for-profit and non-profit organizations. Focus on media and information. On founding team of four venture-backed companies. Currently Chairman of Popsleuth, Inc., maker of the Endorfyn app for keeping fans updated on new stuff from their favorite artists.

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