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5 More Things VCs Wish Startup Founders Knew

Dream It

The Dreamit team has said it before, raising money from a VC is a lot like sales. co-founder). This shows that you’re comfortable at “trial closing” and the type of founder who actively looks for the “obstacles to sale.” It set you miles apart from other founders and quickly demonstrate your sales skills.

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Despite myriad flaws, US remains top spot for Black startup founders seeking VC dollars

TechCrunch

is still the best place in the world for Black startup founders to raise money. It’s quite easy to harp on the dismal funding and often discriminatory treatment that Black founders receive in the U.S. For example, Lotanna Ezeike , a serial founder, said he’s looking to fundraise for his new startup in the U.S.,

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Startup founders are trying to automate the worst part of the job: Fundraising

TechCrunch

With a drier than normal investment scene, founders are looking for more effective ways to reach the right VCs. To that end, over the past few weeks, thousands of founders have applied to land capital through a common app, but instead of hoping to land into a university, they’re hoping to land capital from top investors.

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Startup founders, this is how you get your first investor meeting

TechCrunch

Without a doubt, a good, friendly introduction — ideally from a founder they’ve already invested in — is the best way to get on the radar of an investor. A “warm introduction” is one made by someone the VC knows well, by someone relevant. Warm introductions. You don’t need an intro for that.

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Boston offers a world of advantages for startup founders

TechCrunch

It needs a couple of successful exits, which in turn drives angel investing as entrepreneurs growing increasingly wealthy look to help new founders building companies reach their own goals. It requires accelerators and incubators and coworking spaces to help nurture early ideas, and it needs VC firms investing across stages.

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As a startup founder, you really need to understand how venture capital works

TechCrunch

Millions — billions — of dollars are flowing toward upstart tech companies of all stripes, and as the de-facto news hub for the startup ecosystem, we are as guilty as anyone of being a little bit on the “cult of capital” side of things. Another truth is that VC isn’t right for all companies.

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The Very First Startup Founder You Need to Invest in is You

Both Sides of the Table

This week I wrote about obsessive and competitive founders and how this forms the basis of what I look for when I invest. In fact, my salary never caught up with my pre startup salary across 2 companies and 8 years. And that’s what differentiates founders and early employees. I had never been a VC before.