Useful insights
Self-taught Angel backed by 1300+ LPs | Creating 'Super Angels' @ AngelSchool.vc | ex-Operator @ a16z startup
𝗙𝗥𝗘𝗘 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗟𝗶𝘀𝘁 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 - 𝟭𝟬𝗸 𝗔𝗻𝗴𝗲𝗹𝘀 , 𝗩𝗖𝘀 𝗮𝗻𝗱 𝗙𝗮𝗺𝗶𝗹𝘆 𝗢𝗳𝗳𝗶𝗰𝗲𝘀 Is not available here.... Here's the hard truth: Cold emailing 1000s of investors who don't know you won't get you funded. It's HOW you approach investors that matter. As Paul Graham said "Do things that don't scale". This is one of those situations. Trust is the currency of investors. Trust is what unlocks capital. Building an Angel Network of of 1300 LPs and investing solely on deal-by-deal syndicates has helped me master fundraising. The startups I back fundraise successfully fundraise because of those pre-built connections. Founders—Here's what you should keep in mind: 1️⃣ Investors Aren't Walking ATMs Investors will sense right away if you're only after a check. If you don't have an investor network, start early. Spend time targeting and focus your energy on Investors that are interested in what you are building. Nurture those relationships well before fundraising. Ask for feedback, act on legitimate advice, show them progress. 2️⃣ Competition for attention is tough Startup investing is not a 'hair on fire' problem—No one NEEDs to invest in a startup. Investors receive a flood of pitches. You're vying for attention and have seconds to do it. Make your outreach message as succinct and compelling as possible. EVERY. WORD. COUNTS. 3️⃣ Be Diligence Ready Having a pitch deck is obvious. Be ready for what happens after. A basic data room shows that you're serious and organized. It doesn't have to be complicated: cap table, financials, product roadmap, incorporation documents, funding history. Anyone promising easy investor access is selling a lie. If there was a way to automate and scale this, I would have found it. Fundraising requires a phased strategic approach. If this post gets enough traction, I'll host a free masterclass: "Startup Fundraising Readiness" I did a session on this at Web Summit last week. I'll build another Masterclass webinar series for Founders if there's enough interest. If I've made an impact to you as an Angel, VC or Founder, help me make this post go viral! Philip Grother, Orlando Cintra, Sam Oliver, 🏳️🌈 Chris El Badaoui, Aastha Yadav, Alex Bradley MBA, Ella Maria Kadas, Uynghiem Ngo, Leesa S., Michael McKay, Mary N., Mabel Ubong, Stephanie Sakoda (She/Her), Ted Thetnaungsoe, Marco Cimmino, Martin Pasquier Join the waitlist here → https://lnkd.in/e2v_j4Zf 👉 𝗟𝗶𝗸𝗲, 𝗰𝗼𝗺𝗺𝗲𝗻𝘁, 𝗿𝗲𝗽𝗼𝘀𝘁 𝗶𝗳 𝘆𝗼𝘂'𝗿𝗲 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱!