6 ms·
You have an MBA, can't you leverage that network? maybe some of your classmates has some insight, or maybe there's a university service that helps new companies
by GFischer 13y ago
You have an MBA, can't you leverage that network? maybe some of your classmates has some insight, or maybe there's a university service that helps new companies (there is one at the university where I did mine).
I would definitely try to network as much as I could, go to startup events, meetups, demos, etc. though your product isn't at the demo stage.
I think pedalpete's advice is good as well.
- zmkahn 13y ago"...though your product isn't at the demo stage" You mean demo even though it's in advanced stage?
- GFischer 13y agoTo be honest, I don't know if you should. But it seems that to raise money you have to put yourself out there and get contacts. I think PG mentioned referrals are a good thing. Here's Steve Blank's (tongue-in-cheek) flowchart on how to get a VC meeting: http://steveblank.com/2012/10/17/how-to-get-a-vc-meeting-the-flowchart/ http://steveblank.com/2012/10/17/how-to-get-a-vc-meeting-the... I've never been in your place so I don't know if my advice is applicable and I live outside the U.S. The other advice posted seems good. Edit: other links, from Fred Wilson on how to pitch them http://www.inc.com/eric-markowitz/fred-wilson-on-pitching-union-square-ventures.html http://www.inc.com/eric-markowitz/fred-wilson-on-pitching-un... From Wired, how to get a meeting with a VC: www.wired.com/business/2007/07/how-to-get-a-me/ Another interesting link (european-centric): http://venturevillage.eu/12-things-you-need-to-know-to-get-vc-funding http://venturevillage.eu/12-things-you-need-to-know-to-get-v... hope they help :) and good luck !!! Do tell us if you succeed! (or not, but let's think you will :) ).