"Working with Investors" with Chris Selland.

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Forging Ahead

Business


The biggest question you should ask yourself during fundraising? Who's your lead?  It's all about a lead investor. They are putting the price on the round of funding. They de-risk the round for fellow investors. "Once you have a lead, that's everything." Blog post that Chris mentions: https://blog.bolt.io/find-a-lead/ Traction can be a substitute for track record. If you've never gotten to the pay window, you can improve your situation with traction. Can you show up to investors meetings with some revenue generated, some customers, some cash raised in scrappy ways? Show progress. Dipjar can be found here: https://www.dipjar.com/