Funding Pains and Wins

Discussion in 'Growing and Managing a Business' started by dtech57, Dec 20, 2019.

  1. dtech57

    dtech57
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    Hello, all!

    I'm new here, and I've just started fundraising for my tech company. I want to hear about everyone's experiences with fundraising. What were you worried about? What did you not expect? What was the process like? What worked? What didn't work? What would you have done differently? What was frustrating? What tools did you use? What tools did you wish you had?

    I'm interested in hearing from startups and small businesses...Whether you used/are considering equity-based, debt-based, crowdfunding, commercial lenders, VCs, angels...Hit me with it!
     
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  2. fisicx

    fisicx
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    What are you offering in return for funding?

    That’s the main thing an investor will want to know
     
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  3. VITS USA

    VITS USA
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    What is your exact goal? What is your main services?

    Because without knowing the plan how investor or other people can invest their money in a new startup?
     
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  4. paymenthuddle

    paymenthuddle
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    I help companies looking for funding whether it's VC, PE, or Growth Capital - the main thing that I hear from these guys is that you have to be able to show how you differentiate yourself from others. What is your 'secret sauce' as they say and how sustainable is it. Do you have any patents? VC, PE, and Growth Capital companies only fund about 1% of the deals that come across their desk annually so getting funding is not as easy as it seems.
     
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  5. Antonina Anisimova

    Antonina Anisimova
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    Absolutelly agree.

    Usually startups need a fundraising support. Most of the time I encounter incredible solutions with either poor financial model or a horrible-looking pitch deck.

    Somehow lots of people believe that if you have a good solution, all the rest becomes a complete BS. Wrong… Nowadays, people pull off decks in order to win investors’ attention.

    All investor materials should be in place at any stage. Many startups simply lack time or experience to have them so. This is where experienced people should support aspiring guys with brilliant ideas.

    Without a proper support from advisors, most likely you’ll end up on the “Highway to Hell” (Credits to AC/DC).
     
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  6. Felix

    Felix
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    Hi, I'm also kinda new startuper and I just recently started a fundraising campaign for my product! In my experience, it seems that most of the investors are looking forward to either a partial return of the loan or at the very least a managerial position at your future company HQ.

    This was actually proved in one of the article studies that I found.

    This one gave me a much more meaningful insight into how the interaction between an entrepreneur and an investor should look like. Suggest you look through it. It might be very helpful for all kinds of businesses, who are seeking investment.
     
    #6 Felix, Feb 15, 2021
    Last edited by a moderator: Feb 15, 2021

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