fund raising 101
TRANSCRIPT
Fund Raising 101
Nasser Ghanemzadeh
@ghanemzadeh
Cover of Fundraising Field Guide
“Too much money too early often fucks companies up”- Mark Suster, Upfront Ventures
“Too much money right after you hit your stride fucks companies up”- Mark Suster
@ghanemzadeh
Time
Trac
tion
Problem/Solution Fit
Product/Market Fit
Growth
Which stage are you at?It's very important to know.
If you are in “Seed”, don’t act like “Series A”
Series A
Seed
Pre Seed
To. 15M
To. 50M
To. 800M
To. 2B
Angel investorsAcceleratorsFamily and friendsBootstrapping
Angel groupEarly stage VCs
Later stage VCs
3-6 months 6-15 months 12-18 months
●Most of the money is spent in acquiringnew customers●Building the team to run the business
● The funding is spent inbuilding the product to be able to support a bigger base of customers/users
● Customer discovery● Changing and
modifying idea, product and business model
Amount of Funding
Time
Abdullah AlshalabiAbdullah Alshalabi
To: Tomans