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10 Simple Steps to Improve The Odds You Get VC Funded

SaaStr LogoSaaStr1d ago

10 Simple Steps to Improve The Odds You Get VC Funded - SaaStr

Quick Summary:

I see strong founders dump VC scheduling on their VAs. Don’t. Why not?  Because it says it isn’t a priority. 95% of the best founders I work with schedule the meetings themselves — when it’s important.3. Don’t Take Any Of It Personally. Especially Ghosting and Passing.

Many VCs will pass on a deal for any number of reasons and say that you’re just too early, or something similar, as a general reason. But sometimes it really true, and a few more good months, or a tiny bit more ARR, will be enough. I invested in Salesloft ($2.4B) and Gorgias ($800m) only after a few more months of progress.

The best founders always research the VCs they reach out to. No lame generic outreach. If nothing else, point out an existing investment or two they’ve made that is somewhat similar to yours.8. Cold Email Does Work. And Often Better That a Medioce Warm Intro.


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Article Details

Author / Journalist: Jason Lemkin

Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 15:10:38 (1 days ago)

News Timezone: GMT +8:00

News Source URL: saastr.com

Language: English

Article Length: 793 words

Reading Time: 5 minutes read

Sentences: 16 lines

Sentence Length: 50 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SaaStr

News ID: 24617559

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Main Topics: StartupsTechnology

Official Website: saastr.com

Update Frequency: 2 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 21 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Website Security: Secure (HTTPS)

Publisher ID: #98

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