Wednesday, April 29, 2015

#InvestorRelations-How to Raise Your First Round of Capital

How to Raise Your First Round of Capital


https://www.33voices.com/ | 10 tips for raising capital from the founders of YPlan, SpoonRocket and Plated.

- Josh Hix, Plated https://www.33voices.com/interviews/turning-users-into-gourmet-chefs
- Anson Tsui and Steven Hsiao, SpoonRocket https://www.33voices.com/interviews/faster-than-fast-food-more-wholesome-than-whole-foods
- Rytis Vitkauskas, YPlan https://www.33voices.com/interviews/creating-tonights-going-out-app
- Rameet Chawla and Ryan Matzner, Fueled: https://www.33voices.com/interviews/creating-products-users-actually-care-about

INSIGHTS & INTERVIEW LINKS:

YPlan:
- Leverage LinkedIn. Research your connections’ relationships.
- Prioritize investors who have already expressed interest.
- Be brief - Start with a concise request for a call or meeting.

SpoonRocket:
- Partnerships aren’t made by pitching. Get to know people first.
- Remember the Silicon Valley mantra: “If you want money ask for advice.”
- Just because the time isn’t right doesn’t mean it won’t be in the future - Maintain the relationship.

Plated:
- Don’t get hung up on projections - Better or worse, you’ll be wrong either way
- Practice short term memory. Letting the no’s effect you can be a self fulfilling prophecy.
- It’s not all about the money. Consider the people you’re going into business with and how you envision the relationship evolving.
- Don’t be jaded by evaluations. Your goal is to build the best company possible.
Published in: Investor Relations, Small Business & Entrepreneurship

Transcript

  • 1. Powered by INSIGHTS FROM SUCCESSFUL FOUNDERS HOW TORAISE YOUR FIRST ROUND OF CAPITAL
  • 2. This presentation consists of insights from 33voices® interviews hosted by: @ChaseJennings Executive Producer @JennaAbdou Production Manager
  • 3. featured founders: ANSON TSUI & STEVEN HSIAO SPOONROCKET JOSH HIX PLATED RYTIS VITKAUSKAS YPLAN
  • 4. WATCH THE INTERVIEW | YPlan Leverage LinkedIn.Research your connections’ relationships.
  • 5. WATCH THE INTERVIEW | YPlan Prioritize investors who have already expressed interest.
  • 6. WATCH THE INTERVIEW | YPlan Be brief.Start with a concise request for a call or meeting.
  • 7. WATCH THE INTERVIEW | SpoonRocket Partnerships aren’t made by pitching. Get to know people first.
  • 8. WATCH THE INTERVIEW | SpoonRocket Remember the Silicon Valley mantra: “If you want money, ask for advice.”
  • 9. WATCH THE INTERVIEW | SpoonRocket Just because the time isn’t right doesn’t mean it won’t be in the future. Maintain the relationship.
  • 10. WATCH THE INTERVIEW | Plated Don’t get hung up on projections. Better or worse, you’ll be wrong either way
  • 11. WATCH THE INTERVIEW | Plated Practice short term memory. Letting the no’s effect you can be a self fulfilling prophecy.
  • 12. WATCH THE INTERVIEW | Plated It’s not all about the money.Consider the people you’re going into business with and how you envision the relationship evolving.
  • 13. WATCH THE INTERVIEW | Plated Don’t be jaded by evaluations. Your goal is to build the best company possible.
  • 14. what’s your best tip for raising capital? Tweet us at @33voices & we’ll include your insight in our weekly newsletter
  • 15. LEARN MORE
  • 16. CONNECT WITH US! Tell us what you think Jenna@33voices.com

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