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Insightful article. In raising our preseed, seed, and then Series A all within a year and a half - our biggest takeaway was you need to play the game and learn
by corepower 5y ago
Insightful article. In raising our preseed, seed, and then Series A all within a year and a half - our biggest takeaway was you need to play the game and learn how to tilt everything toward your favor as a founder.
Namely - place time pressure on investors; don't give any one investor info that you haven't shared with others; run processes in parallel; and generally have the mindset that it's a privilege for them to invest in you as much as it is for you to work with them.
Whenever investors asked us for more detailed info than we had on hand, we simply told them that the process was very fast moving + no one else had asked + we could answer specific qs for them as needed over the phone - all 100% statements - but very different from the scared mindset of "oh no I need to pull this info for them asap"
Would love to chat with you more Aaron; do you offer consultative services?