A fundraising round will give a lot of distraction for an entrepreneur and their team, so knowing if you are ready is very important. A fundraising round can take several months (some blogs say up to 6-9 months) so don’t wait too long before you run out of cash. Venture capitalists are generally very connected people, so be creative and network, you are an entrepreneur!įind out if you are ready for fundraisingįundraising costs a lot of time and there is no guarantee for success. So how can you get a warm introduction? Well its actually quite simple. This is why it’s very useful to use a network to make the first selection. The job of an investor is finding a needle in a haystack. Others don’t state contacting details on their website anymore. Some blogs write that only 1 in 500 pitches (or even less!) that come in an office box gets funded. Investors want to be introduced to you rather than simply meet you. Yes it’s true that a lot of VC’s state a contact email address on their website and this is the easiest way to let them know of your existence, but it’s almost always better to get a warm introduction than cold calling. So when you got that great start-up idea making children’s toys in Amsterdam don’t waste time contacting a late stage VC that never makes an investment lower then €10Mio and is focused on FinTech companies in Estonia. which can give you very handy information in what a VC is really looking for. By doing this and skipping the first page you might find some blogs, articles, etc. Or simply google a VC or search there updates on LinkedIn. show what the investment range is of an investor. If you really want to put some effort in it doing some simple background checks from behind your laptop, phone or smartwatch might be very useful.

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