Taiwan Startup Stadium (TSS) recently held their fifth annual Term Sheet Bootcamp (TSB) in Taiwan, co-hosting with BE Capital, Hong Kong Polytechnic University of Science and Technology, KK Fund, National Kaohsiung University of Science and Technology (NKUST) and Youth Bureau of Kaohsiung City Government.
This is the first time for TSB to take place in the South of Taiwan in Kaohsiung. It was both in-person and live-streamed online for the participation of overseas audiences under the travel restrictions of COVID-19. The Bootcamp attracted 42 participants in person and more than a hundred participants online from across Asia.
The two days consist of solid lecture training, fireside chats, role plays, and mentor office hours. Lecture training provided startups with the hard knowledge necessary to fundraise while the fireside chats touched on the various tips and know-hows startups should know when interacting with the different types of investors. Some notable discussions are presented below.
With the continuous impact of Covid-19, startups often ask the question “how should we prepare ourselves to face Covid”. Frankly, the speakers indicate that Covid doesn’t change much about investor meetings.
“All the crucial materials such as traction and market expansion plans still need to be well-prepared by the startups before meeting with investors. The only real difference is that a lot of these meetings are going virtual – from offline to online”, said Bryan Heng, Investment Analyst at KK Fund.
“With the pitches going online, the numbers you can showcase becomes the key points of attraction to investors”, added Bobby Liu, Co-Director of TFI.