Startup Funding

Related Guides

Trending

The most popular articles on Startup Funding in the past day.

How to Invest in Startups: Learn From Other Investors

2min read How to Invest in Startups: Learn From Other Investors As an investor, I helped launch three angel networks in Texas. In the process, I set up training programs, attended conferences, and talked with many other investors. Hearing and speaking to other investors was a wonderful learning tool. One of the best resources I found was a podcast by Frank Peters. Frank was an angel investor from the Tech Coast Angels in southern California. The Frank Peters Show Frank interviewed every angel, VC, and startup in the southern California community. After that, he later ran interviews across the US and worldwide. He ultimately recorded over 450 episodes which he posted on the web. As I drove my car, I listened to many podcasts and heard from angel investors about how they invested, their investment thesis, and the lessons they learned from the process. I recommend listening to podcasts that focus on startup funding. Podcasts are an excellent tool for learning from experts in the field. Some of my favorites are Jason Calacanis: Angel Podcast, Patrick O’Shaughnessy: Invest like the Best, and my podcast, Investor Connect.   Read more on the TEN Capital eGuide: https://staging.startupfundingespresso.com/how-to-invest-in-a-startup Hall T. Martin is the founder and CEO of the TEN Capital Network. TEN Capital has been connecting startups with investors for over ten years. You can connect with Hall about fundraising, business growth, and emerging technologies via LinkedIn or email: hallmartin@tencapital.group

How to Raise Funding- The New Normal for Fundraising- It’s Now Online

2min read A New Model for Startup Funding.  Fundraising Fundraising, like everything else, is moving online, almost all of it. Traditionally, those who wanted to raise funding would meet everyone in their local area. You would pitch to the local angel network or investment group, meet with the local venture capitalist, and canvas all your family and friends. The CEO had to do it because investors wanted to meet with the company’s CEO. It was time-consuming. You had to get introductions to investors you didn’t know, and you had to keep the investors up to date with your progress. It was not uncommon to hear about 50+ pitch sessions before receiving the first investment. The investor side was equally difficult. I ran an angel network in the 2000s and had many startups pitch to my investors in a dinner club setting. Ninety percent of the startups would disappear, and we would never hear from them again. We had no idea what happened to them. Only about ten percent would come back, give us updates and reminders, and show some semblance of progress. Those are the startups we funded. Those CEOs built a relationship with the investor and gave enough information to the investor that one could see momentum and traction in play. Today, there is a better way. Different Tools You can use online tools to help raise funding for your business. The key to fundraising is to build an investor prospect list and update them on your progress.  It takes seven touches to close a sale – so it takes seven touches to close an investor. To raise the funding you need to: Access a large number of investors.  You need to think worldwide-not, just citywide. Use analytics to find the right investor. Understand the different investor types – angels, VCs, family offices, etc. Engage and maintain contact with investors.  You have to demonstrate progress, not just state forecasts and make promises. Prepare investor documents—you must come prepared with your pitch deck, due diligence box, and other key documents for investors. Prepare the campaign – know what you will tell the investor about your deal. The rule of pitching is- if you don’t articulate it – it doesn’t exist.  If you have revenue but don’t mention it, you get no credit for it with the investors. This is an investor relations process using online tools.  In this blog series, we’ll outline the steps you need to go through and the process you need to deploy to achieve your fundraise.  Read more on the TEN Capital eGuide: How to Raise Funding Hall T. Martin is the founder and CEO of the TEN Capital Network. TEN Capital has been connecting startups with investors for over ten years. You can connect with Hall about fundraising, business growth, and emerging technologies via LinkedIn or email: hallmartin@tencapital.group

Site Map

Scroll to Top