Make it easy #venturecapital #startups #fundraisingadvice #seedfunding #vctok #tech #foundertip

If you're raising any money right now for a startup and it is your, let's say, pre-seed or seed round of funding, grab a pen, I have a few tips for you to help you raise really fast. You wanna go into any pitch and not have any hair on the deal. And what hair on the deal looks like to a venture capital are these few things. The first, if you are non-technical, you should already have someone full-time on your team that is a founding engineer if they are not a co-founder CTO. Contract workers create a little hair. They're gonna convert or leave their jobs whenever you raise money, create some hair. Advisors that are writing lines of code on the weekends, a lot of hair. Number two, first customers. If you have a few design partners and the expectation at early stages that you've got some people that are interested in this and hopefully they're paying you even if it's some design partner, three-month thing. If you are paying the customer or giving them equity, it shows to the investor that they are basically only incentivized to work with you, not because they want the product but because you're giving them economics. A lot of hair on the deal. If you yourself as the CEO co-founder or solo founder are not doing this full-time and waiting until you raise money, also creates hair. Quickest ways to raise really, really quickly without any chaos, have a technical co-founder or founding engineer, people that are full-time, you be full-time to show that you've got skin in the game and you're ready to go for it. Have initial first customers even if they maybe are not paying you but do not be paying them. Show some form of signal that people actually want what you have even if you don't have any or just a little bit of revenue.