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6 Steps To Raising Venture Capital – Hint: Preparation Matters More Than Your Pitch

InfoChachkie

The steps outlined below represent an ideal approach to raising capital from sophisticated investors. Step 4: Reconnaissance Mission, Under Promise – An effective technique for acquiring investment capital is to initially not ask for money. Unfortunately, your fundraising efforts will be less linear. Stay Limber. Share and Enjoy.

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What The Heck Does “Traction” Really Mean To A VC?

InfoChachkie

As shown below, the most impactful form of traction is when your venture repeatedly convinces rational, third-party customers to happily part with their hard-earned cash, at a market price, in exchange for your solution. However, not all ventures are mature enough to generate paying customers. The Three P's: Positive, Polite And Persistent.

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Make It Work- the real story

InfoChachkie

Make It Work sold its services in pre-paid hours, at a discount from our pay-as-you-go pricing. Since 2008, the company has been forced to lower it’s prices, from $120/hour to $80/hour. The company was always seeking capital. As a result, the company was always under-capitalized. We sought capital just in case.

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Extracting More Than Cash From Your Angel Investors

InfoChachkie

This process is additive for all concerned when an informed investor appropriately challenges the entrepreneur's point of view regarding substantive issues, such as: positioning visa-vi competitors, the size and accessibility of proposed target markets, pricing mechanics, market trends and emerging technologies. Share and Enjoy.

Angel 217
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Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

Consider the situation in which the entrepreneur wants to accept a financially life-changing offer to sell her company which is vetoed by the investor because the price does not meet its minimal investment return criteria. We are not focused on our exit, but I can guarantee you that the time, place and price will be at our discretion.”.

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Startup Sales Lessons From TLC’s “Say Yes To The Dress”

InfoChachkie

Once someone tries on an expensive dress which is outside of their price range, it is often difficult for them to be satisfied with dresses that conform to their budget. In some instances, a well-meaning champion does not have the social and political capital to close the sale. Startup sales require high velocity. Share and Enjoy.

Sales 251
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Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

Consider the situation in which the entrepreneur wants to accept a financially life-changing offer to sell her company which is vetoed by the investor because the price does not meet its minimal investment return criteria. We are not focused on our exit, but I can guarantee you that the time, place and price will be at our discretion.”.