Do's and Don'ts of Fundraising for early stage founders.
Do's
- You should have a clear plan for atleast next 12 months that can be seen on excel sheet, which clearly shows, what this fund raise is going to achieve for you.
- Start the process 4-6 months before you actually need the funds
- Get an understanding of funds portfolio/thesis/decision making process by reaching their portfolio companies prior to pitching.
Don'ts
- Try not to mention about valuations untill explicitly asked. Do not become rigid on a number, try to negotiate and substantiate your number.
- Don't keep high hopes from 1 single investor, keep talking to multiple people at the time. But at same time be transparent about the options to them, whenever you start doing serious conversations on terms and stuff
- Do not mess your cap table with number of people, keep it as clean as possible, it makes your life much much more easy when raising next rounds!
Do's
- You should have a clear plan for atleast next 12 months that can be seen on excel sheet, which clearly shows, what this fund raise is going to achieve for you.
- Start the process 4-6 months before you actually need the funds
- Get an understanding of funds portfolio/thesis/decision making process by reaching their portfolio companies prior to pitching.
Don'ts
- Try not to mention about valuations untill explicitly asked. Do not become rigid on a number, try to negotiate and substantiate your number.
- Don't keep high hopes from 1 single investor, keep talking to multiple people at the time. But at same time be transparent about the options to them, whenever you start doing serious conversations on terms and stuff
- Do not mess your cap table with number of people, keep it as clean as possible, it makes your life much much more easy when raising next rounds!
Preferred eChai Partner Brands
The preferred eChai Partner Brands program offers businesses increased visibility within the eChai Network.
Accelerators
Blockchain Development
Branding and Marketing
Brands Partnerships
Coworking Spaces
Developer Tools
Event Marketing
FMCG Food and Retail
Healthcare
HR Tech and Agencies
Investment Banking
Legal
Marketing Automation
Merchandise
About preferred eChai Partner Brands program:
The preferred eChai Partner Brands program offers businesses increased visibility within the eChai Network.
- Prominent Listing: Feature on the Preferred eChai Partner Brands page for a full year.
- Engagement Opportunities: Participate in approximately five highly relevant in-person eChai Meetups annually, providing direct engagement with potential partners, customers, and investors.
- Feature Spotlight: Feature on eChai.Ventures feed, highlighting the brand's story, achievements, and offerings to a founders community.
Connect with Jatin Chaudhary, Co-Founder of eChai Ventures, to learn more about how brands are leveraging this program. Reach out via WhatsApp or via email [email protected].