Build Your Presence With a VC Fund

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In raising funding from a VC fund, it’s important to understand the partner team.

Each VC fund has a number of senior partners, junior partners, and others such as analysts and scouts.

One of the partners will bring the founder to a weekly group meeting of the team to hear pitches from the founders.

The partner bringing in the founder is the advocate.

The founder pitches to the team.

The team discusses and decides to pursue or pass.

This process can play out over several weeks.

The advocate’s job is to convince the team that they should pursue the startup.

The founder’s job is to arm the advocate with updates and information to help close the team members.

Each team member has their own list of founders they want the fund to support.

The advocate must bring compelling information and overcome objections from others.

In raising from a VC fund, provide your advocate with enough ammunition to build your presence within the VC fund.

It’s helpful to know more about the team and their careabouts.

It’s a must to always go through your advocate.

Consider these points when raising funds from a VC fund.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

_______________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.