CEO & CFO at Holycode™ - Tech Solutions for fast growing brands || DeinDeal, Bexio, MOVU | Founder, Investor, Board Member & Dad
Fundraising Tip Nr. 3: Get to know your investors waaaay too early. ☕ Most investors I met are not Cowboys. 🤠 They don't invest on a hunch, or just because you delivered a great pitch (although that part is a must have as we learned!). They invest because they have faith in you and your team and the product. 🤞 The best way to built this trust? Start way earlier than necessary. Now to be clear: I don't mean start *raising* money with them. I mean start *talking* to them. Getting their insights, learning what they would challenge about your business. Give them feedback on what you implemented. Let them follow you for 6-12 months. Then come back and ask for money. If you've done your homework, your chances of landing them as an Investor have gone up 10x! #fundraising #softwaredevelopment #startearly
Oh, I loved this No 3, Excellent point Laurent Decrue! Founder should raise Series A in the seed phase and secure commitments before the round is officially open. Fundraising only for for the current one produce: 1. High Stress level when the runway is close 2. Unpriced round because of the deadline Investment process takes time ↳ Become a master of the Investor Relations and, like you mention, Investors faith will secure you a round
Be human, stay curious, grow.
6moHm, so what you're saying is, investors are not investing if the business is a great business and the pitch convincing enough to portray that message? I doubt that.