How to raise money before launch
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Saved by Luc Cheung
How to raise money before launch
The only reason you need venture capital is if (a) the technology is too expensive and you cannot self-fund it or (b) your product is going to catch fire too quickly. If done correctly, crossing the chasm should be inexpensive. Strive for cash-flow-positive and aim to change the value state of your company to attract investors and avoid constant fu... See more
Lenny Rachitsky • Geoffrey Moore on finding your beachhead, crossing the chasm, and dominating a market
still not raising! Why? You have a very short window of time to complete each fundraising round. The longer it drags out, the less momentum you have, and the more investors will question why you haven’t raised. So wait until you know without a doubt that you will succeed before you start raising. As soon as you start telling investors you’re raisin
... See moreRyan Breslow • Fundraising
best decks I’ve seen were 3/4 slides
Pre market (seed)
- problem
- product vision
- biz model
- team
Early market (seed 2 / series A)
- product demo
- customer learnings
- numbers
- use of funds
Market traction (A / B)
- product demo
- growth story
- numbers
- use of funds
I know folks who were broke and busy but had huge networks and tons of knowledge, who weaseled their way onto cap tables by being advisors. In fact, before I had any money, I would trade my network and knowledge of how to promote startups for equity.