How to Raise Investment

With the "open in app" banner on top, the "never miss a post" banner in the middle and the cookie banner at the bottom, I can see exactly 4 lines of text on my smartphone screen.

Lucky for me, I have the Firefox reader mode. But to every regular person, this presentation screams "the actual text is not important".

Re: How to Raise Investment

#6

Post by rememberlenny » Mon, Sep 13, 2021, 6:26 PM UTC

For anyone interested in raising money soon, but not immediately, the best thing you can do is start an weekly update email.

Start sending thing to all the people you interview for advice, supporters you know in the same space, and peers/coworkers. If you keep a regular email showing your progress, even though you may not have traction, potential investors will see the pace at which you are developing/iterating, and have a reference point to be able to cut a check.

I started this 3 months before I planned on raising any money, and it allowed for people who were on the email to confidently make recommendations on my behalf to investors they knew, and also made our company top of mind.

I have continued this for almost a year now, and its led to customer development opportunities, investment inbound, and a steam of good relevant advice.

Re: How to Raise Investment

#7

Post by DEDLINE » Mon, Sep 13, 2021, 6:57 PM UTC

tomblomfield wrote: post #4

Author here - happy to answer any questions

Most comprehensive article I have read on fundraising at the Seed / Series-A level. Well done and thank you for your contribution.

Re: How to Raise Investment

#8

Post by dqpb » Mon, Sep 13, 2021, 7:04 PM UTC

Be careful going to this website. It doesn’t let you go back out.

Re: How to Raise Investment

#9

Post by imraj96 » Mon, Sep 13, 2021, 7:05 PM UTC

rememberlenny wrote: post #6

For anyone interested in raising money soon, but not immediately, the best thing you can do is start an weekly update email. Start sending thing to all the people you interview for advice, supporters you know in the same space, and peers/coworkers. If you keep a regular email showing your progress, even though you may not have traction, potential investors will see the pace at which you are developing/iterating, and…

Do you have a structure to your update emails? And from your experience, what shouldn't be included in an update email?

Re: How to Raise Investment

#10

Post by tnolet » Mon, Sep 13, 2021, 7:31 PM UTC

Having raised a seed and A-series in the last 1,5 years from top tier VC’s in the B2B space: this post is 100% spot on.

Will recommend.

We actually used the YC seed and A-series pitchdeck templates the OP mentions.

Last thing: everything becomes 1000% easier if you have customers. Focus on customers. Raising becomes almost easy after that.