First Round Capital has a great new article up titled The Fundraising Wisdom That Helped Our Founders Raise $18B in Follow-On Capital. Every entrepreneur that’s raising money, or considering raising money, should head on over and read it. Here are 20+ tips from the post:
- First, Fix Your Timeline
- Target the Right Investors
- Vet the portfolio, pick the partner
- Generate Scarcity
- Fundraise like a surfer — plan to take on investors in sets.
- Make it a race
- The Wins and Sins of Pitching
- Surface all the burning questions
- Frame your problem in an original way
- Anticipate and address any objections
- Don’t bury your lead
- Explain the customer pain point faster with emotion
- Don’t just have a dedicated competition slide
- Put your team slide toward the end of the deck
- Keep your slides simple and rely more on what you say
- Make your appendix your arsenal
- Don’t stress about slide numbers
- Don’t roll with an entourage
- Pitch to your personality
- Sync your timeline and your mindset
- Exhibit unapologetic confidence
- Build credibility through vulnerability
- Don’t trigger the bullsh*t meter
- Rehearsal Required
- Putting it all Together
Read the post and soak in the fundraising wisdom — it’s worth your time.
What else? What are some more fundraising tips?
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