Startup Funding Espresso – Testing for Product Market Fit
[audio src="https://traffic.libsyn.com/secure/angelconnect/05.testing_for_product_market_fit.mp3"][/audio]Testing for Product Market Fit Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In raising funding, investors look to see where the startup is in finding product/market fit. Here are some key tests to check how close…
Avoid Out-of-Market Valuations
In raising funding, the founder should avoid out-of-market valuations. There may be investors who become so excited about the deal that they offer a valuation that is above the current market. While this may appear to be a great opportunity to get a better price, the founder should avoid it. …
How To Use an Investor List in a Fundraise
In raising funding, a founder starts with their own network. When that runs out, he looks for additional sources. There are many investor lists available through online resources. Here's how to use an investor list in a fundraise. Check your connections to the investor through your network, including social media.…
The Next Round Will Require More
In raising funding, the bar goes up with each round. The revenue must be higher, and milestones must be achieved. In raising funding, consider how to build a steady growth rate into the business. Look to avoid those businesses that have strong seasons and cycles throughout the year. Rework the…
Keep a Good Relationship With the Founder
Investors see a tremendous amount of dealflow. For some, it can become wearisome to see the same mistakes repeated. It's important for the investor to keep a good relationship with the founder. This means avoiding arrogant or condescending feedback to the startup. It also includes treating the startup founder with…
