Fundraising

A startup’s data room is key for raising venture capital. But many founders waste time compiling data investors don’t want or need. From @venturetwins, a 🧵 on what founders need to know, including specific data investors want to see, info to leave out, and traps to avoid.👇

In order to build conviction, we rely on founders to tell us a compelling story, almost always in the form of slides. We’ve funded companies almost entirely because of the quality of their seed decks. Poor deck? We’ll likely pass on the opportunity.

founding a startup means committing 5+ years of your life to something especially when you raise vc money here are 3 things to know before going after vc funding:

I wanted to share my most memorable VC pass email of all time, Maple back in the fall from @schlaf. Thoughtful and empathetic: "I've been wrong more than I've been right so take this all with a grain of salt. I hope you prove me wrong and make me regret this decision."

I know due diligence sucks BUT The investor who puts in the work to REALLY understand your company today is the investor who will put in the work to REALLY support your company tomorrow. Don't just grab the first $$ waved in front of your face because its the easy thing to do