If we go back to basics the point of fundraising for a tech startup is to give you the resources and time you need to build a product that solves your customers problems…or to scale up and improve the solution that you’ve already built for them to grow the business.
Although it’s not rocket science fundraising is an area many tech entrepreneurs struggle with when starting out and getting the right information about the process can be critical to the success of your company. So that’s what we do in this episode, dissecting the mechanics of the fundraising process with the founders.
In this episode we talk about:
– How to identify what the right investor looks like for your business
– The rules of thumb for raising a good round incluidng the ratio of angels to VCs
– How to manage the relationship with your investors and set up reporting systems that work
Plus we also get into the games VCs often play with founders during the fundraising process and how to negotiate the best deal for your startup.