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Being in the red-hot daily deal space probably helped with raising a big round too. It seems that the key step, other than getting traction is "build relations
by il 16y ago
Being in the red-hot daily deal space probably helped with raising a big round too.
It seems that the key step, other than getting traction is "build relationships with potential investors". Can you elaborate how you did this? Cold calling/emailing?
- vacanti 16y agoYeah, the space really helped. With regards to meeting investors, it's actually fairly easy. It's their job to meet with you. I would recommend meeting with the young VC's at firms first. You can also find investors at most tech events.
- danielharan 16y ago100% agreed. Lots of newbies think it's hard, but the best investors usually try to meet as many people as possible. We haven't raised a series A yet, but the feedback is quite useful. We also get free advice and introductions to people that can help us prove our thesis.
- vacanti 16y agoYou just have to make sure you're not asking them for money. You're just looking for feedback on your project.