As founding teams prepare to get a financing started, it is important to understand that investors are making a decision based on what they think the company is worth in terms of future value. Our recent QuickLaunch University webinar on seed fundraising addressed the issue of preparation and what information a team should have at the ready before meeting with seed investors.
Developing Your Investor Network
10.25.2017It is not always easy to break into the VC/ investor network. Founders often how they can develop the right network of contacts to help them raise a seed round, which is crucial at this stage. During our recent QuickLaunch University webinar, Jere Doyle of Sigma Prime Ventures made it clear that as an investor, it’s all about who you know.
WilmerHale Partners Jason Kropp and Jeff Stein discussed how early-stage companies should prepare for the fundraising process. They were joined by Jere Doyle, managing director at Sigma Prime Ventures and investor and advisor to dozens of technology . Here are several important areas of focus for thinking about raising a seed round.
Why SAFEs Can be Confusing
6.5.2017Entrepreneurs often raise capital with a combination of convertible notes and an agreement called a SAFE, or Simple Agreement for Future Equity. A SAFE seems like a no-nonsense DIY solution for early-stage companies—but there's more you need to know about them than you might realize.
When you need cash to fuel your , it’s tempting to "think local." The people with the strongest ties to you—relatives, friends, college roommates, running buddies and co-workers—are the ones who believe in you. You’d probably turn first to them for financial support. Capital fronted by these folks might be the quickest, easiest cash you’ll ever collect—but you could end up paying a crippling price for it.
Fewer companies are successfully raising Series A , but those that do are raising more money. If you are planning to raise money in 2017, here are a few things you should start doing now to improve your chances of success.