4 ms·
Happy to answer specific tactical questions here. This is the kind of thing that seems easy until you dig into the details on actually doing it.
by akharris 8y ago
Happy to answer specific tactical questions here. This is the kind of thing that seems easy until you dig into the details on actually doing it.
- sandGorgon 8y agoData Room 101 ?
- aaavl2821 8y agowould be great to hear your thoughts on how to gather info on investor appetite for a round in advance of formally kicking off the round, ie keeping a fine line between informal relationship building meetings and formal pitch meetings. you touch on this a bit in the post but would be great to hear more details, as you say the details are where the challenge lies! have heard some people advise taking initial intro meetings specifically for "advice", then once you start to raise doing "batches" of investor meetings to learn more about appetite for the round. thoughts on this?
- akharris 8y agoI think that you can ask for advice, but do so in specific context with a clear indication of when you plan to raise. During the meeting, ask the investor to help you in a concrete way. You learn a lot about interest based on what the investor does to help you.
- simonebrunozzi 8y agoAaron, "Deciding when you’re actually ready to raise an A, or run any fundraise, is tricky. I’m working on a better framework for this decision" -> this is the part I'm most interested into, especially because we're not a b2c company and we've heard conflicting advice on what will constitute a proper "series A phase" for us.