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5 Fundraising Rules That Led to My Company Having a 10x Oversubscribed Pre-Seed Round

4 47 21
26.09.2021

In every industry the strength of a relationship matters. A lot. Developing and maintaining relationships is not just a nuanced problem for aspiring professionals but a major lynchpin of business. As a growing startup focused on relationships, we aspire to be what we preach. The niche we want to carve is that of being the North Star of relationship building. Everyone in business has this challenge, and while we want to help you track and improve your relationships with AI, we’ve also learned several lessons along this journey that we hope you will find useful.

Fundraising is not easy, and as we’ll highlight below with the lessons we learned going through the process, there are many landmines to navigate. We have been humbled by the success we’ve achieved with our relationship-driven approach to fundraising. The lessons learned below enabled us to reach 10X oversubscribed for our round and receive 29 inbounds from VCs interested in investing in our startup. Like many endeavors, this process was not easy, but simple, and we believe these lessons will assist you on your fundraising journey.

If there is one asset that is truly valuable in this world, and one that we cannot get back, it is our time. Especially as an entrepreneur, it feels like there are not enough days in the week to accomplish all that we need to do. The life of an entrepreneur is that of juggling so many responsibilities, and the time we focus on one thing takes us away from another task........

© Entrepreneur


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