Using personal savings or using a Friends and Family plan is a hallmark of early-stage startup funding. But eventually, most early-stage founders will leave their start-up days behind and turn to institutional investors for the capital they need to grow.
Attracting and securing your first investor is not easy for inexperienced, aspiring founders. Cracking a nut is difficult, but not impossible.
But you still have some challenges you’ll have to face before you can convince an investor that you, your product, and your startup are worth the risk. These include refreshing communication and networking skills. Improving these capabilities will serve you well as you work to increase the size and quality of your network, and throughout your startup career.
Remember that you don’t need just one investor, but the right investor for your startup. When studying potential investment firms, flip the script and look at things from their point of view. How can you and your idea help them reach their goals?
Focus on building your network in a non-trading way, knowing who the investors are and what matters most to them. This knowledge will help you find the right investor and, with any luck, get you on board.
These are just some of the general highlights of some of the challenges early founders face when it comes to finding and signing a contract with their first institutional investor. But in general terms, this will not work, so we are pleased to announce that Jess Lee, a partner of Sequoia, will consider these problems in detail in his presentation. how to get first yes bee A bale of vanity at an early stage 14th of April.
Lee, an investor at Sequoia Capital, works with fledgling founders, working closely with Sequoia’s engineering, product, design and data teams, and helping run the company’s design program. His investment portfolio includes companies such as CoCoPie, Faire, IronClad and Mos.
Prior to Sequoia, she was the co-founder and CEO of fashion app Polyvore, owned by Yahoo! – now the parent company of gaming-updates – acquired in 2015. Lee is also a founding member of All Rise, a nonprofit dedicated to improving diversity in the technology industry.
Join Sequoia’s Jess Lee on how to find the right investor, impress, and get the first yes. An excited investor on board – more often than not – by investing more in momentum can set the wheels.
The initial stage of the TC The sessions provide plenty of time to get involved, ask questions, and leave you with a deep working understanding of the topics and skills required for startup success. $249 Limited number of tickets left! Reserve your seat before the price increase and register todayI