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How Justin Kan fundraises

blog.atrium.co

11–20 of 63 posts

Re: How Justin Kan fundraises

#11
Hey, I'm Lisa @ Atrium - here to answer any questions.

I run our fundraising bootcamp Atrium Academy w/Justin to help founders meet the right investors and raise a great Series A.

Check it out/Apply here for our next one in March: www.atrium.co/academy

Re: How Justin Kan fundraises

#12

Hey, I'm Lisa @ Atrium - here to answer any questions. I run our fundraising bootcamp Atrium Academy w/Justin to help founders meet the right investors and raise a great Series A. Check it out/Apply here for our next one in March: www.atrium.co/academy

Maybe it would be good to apply some 'star power' discounts here and there, what works for Justin most likely will not work in the same way or even at all for others. Justin has the pick of the litter when it comes to raising funding and some of the advice given really does not translate to 'the real world' of founders doing their first raise.

Re: How Justin Kan fundraises

#13

> Consistently, if a VC sends a follow-up email asking factual questions, they’re already emotionally uninterested. Many entrepreneurs get caught up in this process: they send the VC a fact and citation, which the VC nitpicks, etc., but it’s already too late. One million times this. Especially for entrepreneurs (like myself) with an engineering background, this is something that’s hard to grasp intuitively at first.…

I work with quite a few (European, not SV) investors and while with some investors follow on questions might indicate dis-interest I have never seen a case of that. Asking for follow on questions is usually done after an internal discussion between partners has taken place and whoever is champion of the deal has been asked questions to which they did not yet have the answers. Almost all deals that I've seen that eventually were closed had quite a bit of back-and-forth over details like that prior to agreeing on terms.

Re: How Justin Kan fundraises

#16

Dangerous advice. From the article: "if a VC sends a follow-up email asking factual questions, they’re already emotionally uninterested. Many entrepreneurs get caught up in this process: they send the VC a fact and citation, which the VC nitpicks, etc., but it’s already too late. The entrepreneur has failed by not creating the type of confidence necessary to de-risk the investment." If you want investors that actuall…

As an investor, I agree with you and disagree with the article. I dig in with factual questions because I'm excited, not because I'm not. If I'm not interested, that's when I pass instead of asking questions.

FWIW the real truth is somewhere in the middle: some investors invest based on their gut, and if they are asking factual questions then that means they are not emotionally interested enough. Other investors invest based on their brain, and if they are not asking factual questions then that means they are not intellectually interested enough. (Or your presentation answered all of their questions, which is very rare.) Interpreting the actions of both investors in the same way is a mistake.

Re: How Justin Kan fundraises

#17

Hey, I'm Lisa @ Atrium - here to answer any questions. I run our fundraising bootcamp Atrium Academy w/Justin to help founders meet the right investors and raise a great Series A. Check it out/Apply here for our next one in March: www.atrium.co/academy

Maybe it would be good to apply some 'star power' discounts here and there, what works for Justin most likely will not work in the same way or even at all for others. Justin has the pick of the litter when it comes to raising funding and some of the advice given really does not translate to 'the real world' of founders doing their first raise.

Hey Jacques, you're absolutely right given Justin's background.

We started Atrium Academy to help democratize the fundraising process for founders (ie. speaking with first time founders who just raised their Series A, reviewing pitch decks and narratives with mentors, being matched with recommended investors based on industry and expertise)

Re: How Justin Kan fundraises

#19

Earlier quoted context omitted.

Maybe it would be good to apply some 'star power' discounts here and there, what works for Justin most likely will not work in the same way or even at all for others. Justin has the pick of the litter when it comes to raising funding and some of the advice given really does not translate to 'the real world' of founders doing their first raise.

Hey Jacques, you're absolutely right given Justin's background. We started Atrium Academy to help democratize the fundraising process for founders (ie. speaking with first time founders who just raised their Series A, reviewing pitch decks and narratives with mentors, being matched with recommended investors based on industry and expertise)

So you're introducers, taking a 5% fee?
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