Hi, you need someone that has done investment before. An investor is better than a startup founder that has raised capital. An investor looks daily at a startup pitch and knows exactly what are the key elements that a pitch need to be interesting. Fundraising is a full-time job and a lot of start...
Personally, I have always found harder to finance and than creating opportunity. It is quite "easy" (once you have the right value proposition and target customers) to sell but getting paid is way more difficult. Most small business are dying not because they are not selling, but because they are...
Don't take no for an answer. If you believe in your app, then ask for investors. Start small and you can ask for more later. Spend as much time as it takes to come up with answering this question..Why would I buy your product or service? This will give you your USP. From there you will develop ...
When I was starting my company we used a platform called FundersClub in the US. We had to go through a pitch and get formally accepted in order to work with them. We went on their platform and proceeded to raise $100K. Our company also received some great publicity from being on the platform....
When you state a % you are being pragmatical, but if you are rasing a convertible note valuation might not be so clear you will then be defining a cap and a discount. Silicon Valley VC's want to understand more what your burn rate is for the next "x" months and what would be your next funding or...
All of the factors you mentioned are important but if you asked me to rank them. 1. Traction: as it proves that you know who to build something people want. 2. Team: as it's the constant that matters most as the business evolves. 3. Vision: as it'll help tell the story as to why you have the pot...
Upwork is a terrible idea. Everyone there is broke. They're struggling to find clients themselves, and have no money left over after they possibly keep their heads above water to invest in your services. Find a better class of freelancer for your clientele. I don't think the startup/VC people a...
I help B2B companies find their most profitable customers. This a tough spot with no cut and dry answers. I would ask the following: - There's a lot of things I could do, why did I choose to do this? Think of this as a gut-check to gauge whether you want to push through or not. - Define 'no tr...
There's no downside to raising on a note other than that any fundraising is time-consuming. It is becoming standard practice to raise money from angels on notes with caps adjusting upwards based on key points of the business proving more viable. The worst mistake I see many accelerator compa...
If you feel you're ready to raise a seed round, there are a handful of seed stage funds that like to lead deals. Here they are in no particular order: Harrison Metal Homebrew Floodgate Felicis Freestyle SoftTech Baseline MHS Fuel Capital First Round Boldstart True Ventures CRV You want to fig...