Startup Funding Espresso -- Markeyla Henton

Published: April 3, 2020, 12:45 p.m.

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Today\u2019s question is from Markeyla Markeyla asked:\xa0I would love some direction about creating relationships in the VC world. Although I have been accepted into an accelerator, I don't have many connections in the VC world. Response:Markeyla, It\u2019s a good idea to build a relationship with investors before you need to raise funding.\xa0 A strong relationship with the investor is the foundation of a successful fundraise campaign.\xa0 That\u2019s why family and friends funding is so easy and raising from everyone else is so much harder. Make a list of investors you want to know. To get an introduction, find three people who know you and the investor and have them send an email introducing you and talking about the great things you are doing in your startup. Once you have contact with the investor, bring new information to the discussion whether it be in person, or over the phone, or in an email. Showcase interesting market research you\u2019ve done.\xa0 Provide information on sectors the investor works in.\xa0 Bring to their attention up and coming startups that should be on their radar and offer to make an introduction. Finally, if your product/service can help the investor\u2019s portfolio companies, then offer to provide that service at no cost.\xa0 In other words, provide information and support to the investor as your starting point. Most companies start by asking for information and support from the investor.\xa0 If you can help them, you will truly stand out from the crowd. 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: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group