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DC Palter
Experienced business leader and climatetech startup investor. Award-winning author of the Silicon Valley thriller novels, To Kill a Unicorn and Countdown to Decryption.
DC Palter is a seasoned B2B startup leader and marketing specialist with a strong focus on cleantech and sustainability.
He has successfully built and exited two startups and has invested in 100 other ventures.
DC Palter is also a celebrated author, known for the award-winning Silicon Valley mystery novel, 'To Kill a Unicorn.'
His educational background includes an MBA in Technology Marketing from UCLA Anderson School of Management, a BS in Mechanical & Energy Engineering from Northwestern University, a Master's degree in Energy, Environment, and Natural Resources Law from The University of Tulsa College of Law, a Master of Fine Arts in Creative Writing from Otis College of Art and Design, and studies in International Business at Waseda University and BatteryMBA.
Throughout his career, DC Palter has held various roles in organizations, including being a Book Author at Pandamoon Publishing, Editor In Chief at Japonica Publications, Freelance Writer at Medium, Investor & Strategic Advisor at Appsurify, Angel Investor & Mentor Lead at Chemical Angel Network, Executive Committee Member at Tech Coast Angels, Managing Director at CheMat Venture Partners, Co-Founder and CMO at Appsurify, Founder and President at Apposite Technologies, VP of Sales & Marketing at Broadcom Software, Marketing Researcher at Hughes Aircraft Company, Research Engineer at KOBE STEEL LTD, Mechanical Engineer at Honeywell, and Mechanical Engineer at General Motors.
Highlights
Startup founders: don't let your self-worth be defined by how much funding you've raised.
Venture capital isn't a scoring system--it’s a funding mechanism, like a bank loan. The goal should not be to raise money at an ever higher valuation but to build a useful product and a successful company. Products, customers, and impact matter far more than investors' valuations.
As an early-stage investor, I get pitched on many "platform technologies" -- basic technologies with many potential uses across different industries.
Founders think that having 5 different use cases is like having 5 shots on goal. If one doesn't succeed, there's 4 others to fall back on. But investors look for businesses solving a specific problem for a particular market.
Creating a startup is likened to building an airplane while flying it. Creating a platform technology is like building 5 different aircraft at the same time while somehow trying to pilot all of them by parachuting between them.
While it would be great to develop all the different use cases, in practice, it's not possible for a startup. So the first and most important job of the founders is to do customer discovery on all of the different opportunities, then pick the best one to pursue. Then put aside all the other possible uses and take a laser-focus on developing a product for that one opportunity.
