So,youdecidedtostartastartup…
Afewpointsyoushouldknowbeforeyouapproachanyinvestor
MishaNestor(LifeTracker)forAdTechSCT,Chasopys,23.05.17
You’reyoungandfoolish
Andyouhopetof*ckthemall
Whattodobeforefundraising
PersonalLinkedIn(buy Premium, if you can afford it)
PersonalFacebook/Twitter
well, they will check you
(very important if you’re too lazy to blog)
CompanyFacebook/Twitter
StartaBlog
…if you have what to say.
(skip it if you don’t)
crunchbase.com(research your competitors)
crunchbase.com(find out who invests in your field)
Uinddirectcontacts
f6s.com(apply to multiple accelerators)
f6s.com(get free/discounted stuff)
CheckOnlineDirectories
FFF(family,friendsandfools)
Accelerators
… the worst form, except all the others
Accelerators
• Learn
• Network
• Raise money
• Get free perks
Angels
• From your network (“I know somebody who knows somebody who knows Santa Claus”)
• Emotional, not professional
• Not the same as VC
AngelsNetworks(EU,UK,US)
EquityCrowdfunding
EquityCrowdfunding
VCs
• Save your time and skip them unless you have something really impressive
• If you see them - grab them for 15 minutes, just network
• Line, not dots
• It’s never about technology, unless it is
• Know your shit (be an expert)
• Show something (people have bad imagination)
Product
Team
• They say they invest in a bright team of passionate professionals. Don’t believe them.
Traction
• No money, no honey
• Higher expectations than ever
• The most important part, because they just don’t get your product and your market - they believe in NUMBERS
InvestorDocuments
• One Pager
• Elevator Pitch
• Investor Deck
• Financials (12 months)
Hackatons/Meetups
• Find cofounders and employees
• Test your idea(s)
• Meet investors and industry guys
StartupCompetitions
• Exposure
• Money
• PR opportunity
StartupCompetitions
Conferences
• Track competitors
• Meet corporates and pitch them (if you’re B2B)
• Test your assumptions on early adopters (B2C)
• Schedule meetings with VCs (if you have time or when you’re ready)
TechCrunchDisrupt(SF,NY,London)
WebSummit(Lisbon)
MobileWorldCongress(Barcelona)
WheretoUindmoredetails?
• Popular searches:
• Can I do startup as a solo founder?
• Where to find database of EU based investors?
• How should I calculate the share for investor?
• What is ‘share’?
• What is captable?
• List of top accelerators
• Investor deck template
(justfuckinggoogleit.com)