Startup Funding Espresso Building Your Network for the Fundraise
Building Your Network for the Fundraise Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Before launching your email campaign, build out your network of investors. As you meet investors it\u2019s important to collect their emails into a list to provide updates. Sort the list by type of investor -- angel, venture capitalist, family office, etc. Note their investment interest -- consumer, enterprise software, healthcare, or other. Capture names of connectors -- those who know investors and can connect you to them. Six months before launching your fundraising campaign go out to your network with the message\xa0 \u2018We\u2019re not raising funding now but in six months we\u2019ll do so.\xa0 May I keep you informed of our progress.\u2019 This requires no commitment from the investor so most will say yes as many want to see what you have. Over the following months, send updates to the investors educating them about your deal. Focus on key points about the business such as sales pipeline, team activities, product development status, and planned fundraising amounts with valuations. Ask for advice and feedback as well to engage the investor. An investor email campaign will be far more effective if you\u2019ve built a list of investors who know your deal. \xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .