Fundraising the Venture Capitalist Way
The larger your network is, the better, that’s a given. Venture Capitalist’s would be at the top of this list. A warm introduction is also a must as even last new firms saw 800 deals on average. Bigger firms see even more. VC’s use filters – where did you go to school? What company did you use to work for and most important, who referred you? The larger your network, the more your network likes what you are doing, the more likely they are to introduce you.
One top venture capitalist was quoted saying “Startups are really f—g hard. If you don’t even try very hard to get introduced to me, how much effort can I expect you to put into your company?”