Fundraising For Startups - Atlantic Venture Forum - June 2013

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Slides for my morning talk on Fundraising for Startups.

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@paulsingh #avf2013

WHAT THE RISE OF THE ANGELS MEANS FOR YOU

FUNDRAISING YOU+

PAUL SINGH

@paulsingh・paul@dashboard.io・resultsjunkies.com

@paulsingh #avf2013

VENTURE CAPITAL IS A BUSINESS AND OPEN TO ATTACK BY “STARTUPS” WITH DISRUPTIVE NEW BUSINESS MODELS AND TECHNOLOGY.

-- NAVAL RAVIKANT (@naval)

@paulsingh #avf2013

500 STARTUPS

PAUL SINGH

@paulsingh・paul@dashboard.io・resultsjunkies.com

@paulsingh #avf2013

@paulsingh #avf2013

A (R)EVOLUTION IN THINKING

@paulsingh #avf2013

RAISE MONEYWHY IS IT SO HARD TO

FOR ME?

@paulsingh #avf2013

THE ODDS ARE AGAINST YOU

EVERYONE ELSE IS RAISING MONEY TOO

@paulsingh #avf2013

FIRST IMPRESSIONS

MATTERGET AN INTRO. ALWAYS.

@paulsingh #avf2013

DON’T BE WEIRD

YOUR #1 GOAL IN LIFE (AND FUNDRAISING)

@paulsingh #avf2013

YOUR SOLUTION IS NOT MY PROBLEM

@paulsingh #avf2013

SOCIAL PROOFPATTERN RECOGNITION

RECIPROCITYCURIOSITY

||

RETURNS SCARCITY| | TRACTIONCURIOSITY

@paulsingh #avf2013

DEMO > DECK

@paulsingh #avf2013

GET TO YESTHEN TALK TERMS

@paulsingh #avf2013

ANGELLISTSO WHAT IS THIS

YOU SPEAK OF?

@paulsingh #avf2013

THE ELEMENTSGETTING TO KNOW

@paulsingh #avf2013

THE ELEMENTSGETTING TO KNOW

@paulsingh #avf2013

THE ELEMENTSGETTING TO KNOW

@paulsingh #avf2013

THE ELEMENTSGETTING TO KNOW

@paulsingh #avf2013

THE ELEMENTSGETTING TO KNOW

@paulsingh #avf2013

THE ELEMENTSGETTING TO KNOW

@paulsingh #avf2013

ACTIVITY FEEDYOUR PRIMARY GOAL IS TO GET INTO THE

@paulsingh #avf2013

IT’S ALL ABOUT THE FOLLOWS

@paulsingh #avf2013

REAL LIFE?YEAH, BUT HOW’S THAT DIFFERENT THAN

(IT’S NOT)

@paulsingh #avf2013

MAKE IT RAINI’VE THOUGHT WAYYYY TOO MUCH ABOUT THIS

TIPS, TRICKS, PLEASE DO’S, & PLEASE DON’TS

@paulsingh #avf2013

FOMO&

GREED

@paulsingh #avf2013

TIPS & TRICKS

@paulsingh #avf2013

TIPS & TRICKS

PITCH THE PROBLEM (demo FTW!)

@paulsingh #avf2013

TIPS & TRICKSif you have traction, pimp that shit in the first 30 seconds

PITCH THE PROBLEM (demo FTW!)

@paulsingh #avf2013

TIPS & TRICKSif you have traction, pimp that shit in the first 30 seconds

PITCH THE PROBLEM (demo FTW!)

be confident, without being a dick

@paulsingh #avf2013

TIPS & TRICKSif you have traction, pimp that shit in the first 30 seconds

PITCH THE PROBLEM (demo FTW!)

surgically strike early investors, go wider once you nail them

be confident, without being a dick

@paulsingh #avf2013

TIPS & TRICKSif you have traction, pimp that shit in the first 30 seconds

PITCH THE PROBLEM (demo FTW!)

surgically strike early investors, go wider once you nail them

be confident, without being a dick

sales 101: sell what they want, not what you need

@paulsingh #avf2013

TIPS & TRICKSif you have traction, pimp that shit in the first 30 seconds

PITCH THE PROBLEM (demo FTW!)

surgically strike early investors, go wider once you nail them

be confident, without being a dick

sales 101: sell what they want, not what you need

angels != VC

@paulsingh #avf2013

TIPS & TRICKSif you have traction, pimp that shit in the first 30 seconds

PITCH THE PROBLEM (demo FTW!)

surgically strike early investors, go wider once you nail them

be confident, without being a dick

sales 101: sell what they want, not what you need

angels != VC

faces > names && images > text

@paulsingh #avf2013

TIPS & TRICKSif you have traction, pimp that shit in the first 30 seconds

PITCH THE PROBLEM (demo FTW!)

surgically strike early investors, go wider once you nail them

be confident, without being a dick

sales 101: sell what they want, not what you need

angels != VC

faces > names && images > text

investors are not banks

@paulsingh #avf2013

DO’S & DONT’SWHEN IN DOUBT, DO NOT INNOVATE IN FINANCE OR LEGAL

@paulsingh #avf2013

FUNDRAISING IS A PROCESS

@paulsingh #avf2013

BY IT’S NATURE, THE INTERNET UNDERMINED ANYONE WHOSE STATUS DEPENDED ON A PRIVILEGED ACCESS TO INFORMATION.

-- MICHAEL LEWIS

@paulsingh #avf2013

Demo Day Videos ⟹ livestream.com/500startups

Sample Pitch Decks ⟹ slideshare.net/500startups

Venture Capital 101 ⟹ venturehacks.com/archives

Investor Thoughts:

Brad Feld ⟹ feld.com

Fred Wilson ⟹ avc.com

Chris Dixon ⟹ cdixon.org

Mark Suster ⟹ bothsidesofthetable.com

angel.co/valuations and angel.co/salaries

@paulsingh #avf2013

YOUR KEY TAKEAWAYS

@paulsingh #avf2013

YOUR KEY TAKEAWAYS

Focus on Traction.

@paulsingh #avf2013

YOUR KEY TAKEAWAYS

Focus on Traction.

Learn to Communicate and Inspire.

@paulsingh #avf2013

ALSO...

@paulsingh #avf2013

ALSO... Distribution > Product

@paulsingh #avf2013

ALSO... Distribution > Product

Tactics > Strategy

@paulsingh #avf2013

ALSO... Distribution > Product

Tactics > Strategy

Notability > Credibility

@paulsingh #avf2013

ALSO... Distribution > Product

Tactics > Strategy

Notability > Credibility

Get on AngelList

@paulsingh #avf2013

ALSO... Distribution > Product

Tactics > Strategy

Notability > Credibility

Get on AngelList

Raise 12-18+ months of funding

@paulsingh #avf2013

ALSO... Distribution > Product

Tactics > Strategy

Notability > Credibility

Get on AngelList

Raise 12-18+ months of funding

Learn the basics of VC economics

@paulsingh #avf2013

ALSO... Distribution > Product

Tactics > Strategy

Notability > Credibility

Get on AngelList

Raise 12-18+ months of funding

Learn the basics of VC economics

Progress and Probability

@paulsingh #avf2013

ALSO... Distribution > Product

Tactics > Strategy

Notability > Credibility

Get on AngelList

Raise 12-18+ months of funding

Learn the basics of VC economics

Progress and Probability

Shameless plug: dashboard.io

@paulsingh #avf2013

WHAT THE RISE OF THE ANGELS MEANS FOR YOU

FUNDRAISING YOU+

@paulsingh・paul@dashboard.io・resultsjunkies.com

LEARN MORE:

events.dashboard.io/avf2013

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