Such a great read! I’m in the trenches on a fundraise right now and can totally relate to all of this. Appreciate the hacks and tools too! Good luck with the investor calls 💪🏼
Thanks, Rachel! I'm in the trenches with you 😂. And no problem at all. It would be great to know what challenges you've had? I'm keen to shed light on all the things that can help most so any feedback is really welcome 🙏🏾
Ooh good question. I think finding angels / early stage investors without a huge network myself is the biggest challenge. I've stuck to UK/EU so far, but keep getting told to explore US too - not sure if you're exploring geo's? Found your approach to automation super interesting...I'd written that off, but going back to it now. Would be interested in knowing how you went about sourcing your 1,000 contacts (EDIT - never mind, just found your earlier post on exactly this!)
Ahh thanks for this, Rachel! All super useful. It's worth speaking to US investors as well, but worth bearing in mind that they typically want you to have a Delaware C-corp set up. Generally speaking, I've had more responses from US investors vs. UK based ones.
Glad you found the LinkedIn post useful too!
Financial modelling is an interesting one -- I have a couple of templates, wondering if it's worth sharing those?
Oh that's interesting re response rate! We're a consumer brand and get lots of inbound requests from US customers, so will give that door a nudge with investors across the pond.
Re financial modelling - yes great shout! I think sharing templates could be super helpful. They can be quite hard to track down with the right level of detail for pre-seed/seed stage.
Such a great read! I’m in the trenches on a fundraise right now and can totally relate to all of this. Appreciate the hacks and tools too! Good luck with the investor calls 💪🏼
Thanks, Rachel! I'm in the trenches with you 😂. And no problem at all. It would be great to know what challenges you've had? I'm keen to shed light on all the things that can help most so any feedback is really welcome 🙏🏾
Oh and financial modelling...bane of my life but also SO useful and valuable as an exercise!
Ooh good question. I think finding angels / early stage investors without a huge network myself is the biggest challenge. I've stuck to UK/EU so far, but keep getting told to explore US too - not sure if you're exploring geo's? Found your approach to automation super interesting...I'd written that off, but going back to it now. Would be interested in knowing how you went about sourcing your 1,000 contacts (EDIT - never mind, just found your earlier post on exactly this!)
Ahh thanks for this, Rachel! All super useful. It's worth speaking to US investors as well, but worth bearing in mind that they typically want you to have a Delaware C-corp set up. Generally speaking, I've had more responses from US investors vs. UK based ones.
Glad you found the LinkedIn post useful too!
Financial modelling is an interesting one -- I have a couple of templates, wondering if it's worth sharing those?
Oh that's interesting re response rate! We're a consumer brand and get lots of inbound requests from US customers, so will give that door a nudge with investors across the pond.
Re financial modelling - yes great shout! I think sharing templates could be super helpful. They can be quite hard to track down with the right level of detail for pre-seed/seed stage.