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> More interested on how you secured the investment. Here seems to be the answer: create an open-source alternative to a B2B SaaS product with $xxxM valuation,
by krn 4y ago
> More interested on how you secured the investment.
Here seems to be the answer: create an open-source alternative to a B2B SaaS product with $xxxM valuation, and then demonstrate a huge traction on Github in a very short period of time.
The investors will get in touch with you themselves.
> I'm currently pitching for seed for a profitable algorithmic trading company. Cold contacted nearly 60 investors, heard back from 7. Secured one client but no seed yet.
Would an algorithmic trading company be considered as a software company or as a hedge fund?
- ensemblehq 4y agoRan into the exact same problem with a client. Industry and investor type matters as well. Software automation is a hot space and most investors understand it (or claim they do). Capital markets startups are tricky.
- jwmoz 4y agoA fund is a completely different structure. A proprietary trading company trades its own capital.