🚀 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗖𝗵𝗲𝗰𝗸𝗹𝗶𝘀𝘁 𝗕𝗲𝗳𝗼𝗿𝗲 𝗟𝗮𝘂𝗻𝗰𝗵𝗶𝗻𝗴 𝗮 𝗥𝗮𝗶𝘀𝗲 🚀
1.) 𝗖𝗿𝗲𝗮𝘁𝗲 𝗠𝘂𝗹𝘁𝗶𝗽𝗹𝗲 𝗗𝗲𝗰𝗸𝘀:
📝 Tailor your decks to different investor interests. For example, if you're in mental health/consciousness and CPG, create separate decks for each. Similarly, if you're pitching Alt Protein and CleanTech/Sustainability, prepare distinct presentations for each.
2.) 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗧𝗵𝗲𝘀𝗶𝘀:
📑 Build a comprehensive 10-page template with a clickable table of contents. This ensures you control the dialogue when your venture partner presents your investment to their team. One of the most frustrating things is having a great call with a partner at the firm only to receive an email two days later saying the team rejected it. This often happens because the partner botched the pitch. Remember, no one can pitch better than you, so you must control the dialogue at all times, even when you're not there.
𝟯.) 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗠𝗼𝗱𝗲𝗹:
💵 Ensure your financial model is robust and trustworthy. Don't make a perfect business school model, it must withstand investor scrutiny to avoid distrust or deal failure and be defensible.
𝟰.) 𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹𝘀:
📊 Keep historical financials clean and straightforward, with notes on any unusual areas.
5.) 𝗗𝗮𝘁𝗮 𝗥𝗼𝗼𝗺 𝗦𝗲𝘁𝘂𝗽:
🗂️ Build a clean, professional data room to present data elegantly and make an investor’s job as easy as possible.
𝟲.) 𝗘𝗺𝗮𝗶𝗹 𝗖𝗮𝗺𝗽𝗮𝗶𝗴𝗻𝘀:
📧 Prepare 3-4 email campaigns that fit each investor profile, each with 4-5 sequences depending on the investor.
7.) 𝗟𝗶𝗻𝗸𝗲𝗱𝗜𝗻 𝗖𝗮𝗺𝗽𝗮𝗶𝗴𝗻𝘀:
💬 Craft compelling LinkedIn messages within the 300-character limit. Avoid the common pitfall of starting with "Hey John - great to connect!" Instead, grab their attention with the first few words, saving the niceties for the end.
𝟴.) 𝗘𝗺𝗮𝗶𝗹 𝗦𝗲𝘁𝘂𝗽:
🛠️ Build 3-4 subdomains and set up 20-25 email addresses. Ensure no email sends more than 15 emails per day to avoid spam filters and maintain a healthy email score with synthetic interactions.
𝟵.) 𝗞𝗲𝘆 𝗦𝗲𝗹𝗹𝗶𝗻𝗴 𝗣𝗼𝗶𝗻𝘁𝘀:
📌 Compile basic company information so your pipeline specialist does not need to bother you for easy info during the raise.
𝟭𝟬.) 𝗢𝗯𝗷𝗲𝗰𝘁𝗶𝗼𝗻 𝗛𝗮𝗻𝗱𝗹𝗶𝗻𝗴:
💡 Prepare responses for the 15-20 common objections specific to your niche to overcome objections pre-call, post-call, and during closing. If you take every 'not a fit' at face value, fundraising will take WAY too long - be prepared to overcome objections succinctly and clearly along each step.
𝟭𝟭.) 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗣𝗿𝗲𝗽𝗮𝗿𝗮𝘁𝗶𝗼𝗻:
📂 As you get close to bringing in your lead, be ready for the 4-5 specific documents a firm may ask for in their own idiosyncratic way (e.g., staffing plans, model changes, clarifying IP, product roadmap).