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They include seed-stage, Series A, B, C, D, and E. Each stage has its various funding rates/amounts and funding expectations. For example, seed-stage funding is the funding a founder receives to kick-start production. While Series A is to accelerate the business process, while B is for expansion and so on. In another article, I discuss the stages of funding. But in this article, I am going to offer you four crucial pieces of advice that will guarantee you success in raising capital for your startup.
Target Investors Aligned with Your Stage and Market
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Be strategic. Don’t waste time emailing a giant venture capital firm that writes $50 million checks if you’re a seed-stage company. There are a lot of investors out there. Make sure to find one that fits your company’s profile.
Startup Success Lessons Learned
Don’t Send Your Pitch Deck First
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Your pitch deck is worth presenting yourself so that you can deliver the human touch and company story that complements the slide on the screen. Rather, during your first reach out, simply send a one-pager that succinctly explains your company story and showed the proof of concept.
Find A Partner That Genuinely Cares About You
Start the Startup Fundraising Process
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