So far, I have not met any of my people in person
I was first The CEO ended TechStar with my co-founders after the epidemic struck last March. I remember sitting alone in my basement room in Boulder, Colorado, connecting with my advisors. He confirmed my biggest fear: Warmly, our startup, Bank had just three months left of the runway.
It was the nightmare of every founder around that time: I would be forced to fundraise in the midst of a global epidemic.
Of course, venture capital investors were not taking in-person meetings back then, which meant pitching on the zoom. Unlike late-night drinks, strolling coffee chats with Ibarcarro in San Francisco, and Sand Hill boardroom meetings (where I thought I could excel), I was stuck in a cellar.
You should definitely have two versions of your deck: the pre-meeting deck you send to potential investors and the “zoom deck” you use during your livestream meeting.
Whether I asked friends, mentors, or Google, no one found any good suggestions for engaging with investors. But I learned that I had adopted new technology to aid in the VC fundraising process, and we were able to close the $ 2.1 million seed round in August. Of what
While we would have thought that it was impossible to raise virtual money when the world closed a year ago, I don’t think anyone believes so now. Not only is it more efficient – no expensive trip to San Francisco or trouble fitting investor meetings a day – virtual fundraising helps democratize access to venture capital.
Founders can raise money from investors anywhere in the world, and investors can consider startups from anywhere. My investors today are from California, Colorado, New York, Massachusetts, Illinois and the UK and so far, I have not met a single person among them.