Fundraising for startups can be daunting. There are many myths that can cloud your understanding. Read on to learn the truth behind 10 common startup fundraising myths.

1. 10 MYTHS
ABOUT
STARTUP
FUNDRAISING
S W I P E L E F T
#BUSINESSADVICE

2. 01
ONLY IIM/IIT GRADUATE
GETS FUNDING
Investors are impressed by the team, the
idea, the market and the opportunity; a
founder's pedigree is secondary.
S W I P E L E F T

3. 02
INVESTORS ONLY INVEST IN
PROSPECTIVE UNICORNS
Investors are looking for a potentially
profitable idea executed by a team with
skills and dedication to make it happen.
S W I P E L E F T

4. 03
IT’S IMPOSSIBLE TO RAISE FUNDS
WITHOUT A TRACK RECORD OF
SUCCESS
It helps in your fundraising efforts, it is not a
requirement. Investors will assess the potential of a
startup and its founders, and if they believe, they may
choose to invest regardless.
S W I P E L E F T

5. 04
THE FUNDRAISING PROCESS
IS TIME-CONSUMING.
With the right direction, Entrepreneurs can
raise funds more quickly and efficiently.
Leveraging IB Firms like IndiaBizForSale
helps you connect with Investors directly.
S W I P E L E F T

6. 05
YOU NEED TO BE WELL
CONNECTED TO RAISE MONEY
You don’t need to be well connected to
raise money; you just need to know how
to reach out to the right people in the
right way at the right time.
S W I P E L E F T

7. 06
YOU NEED TO HAVE A WELL-
DEVELOPED PRODUCT TO RAISE
FUNDING.
Having a well-developed product is helpful,
but it is not a requirement for raising funds.
Investors are more interested in the potential
of the product, team, business plan and a
comprehensive strategy.
S W I P E L E F T

8. 07
ONCE YOU GET FUNDED;
NO NEED TO RAISE MORE
Growth of a business relies heavily on
capital, so entrepreneurs are always on
the lookout for new sources of capital to
scale quickly.
S W I P E L E F T

9. 08
MONEY WILL SOLVE ALL
BUSINESS PROBLEMS
You will achieve your goal/solve problems
with the right strategy and team, not with
money alone.
S W I P E L E F T

10. 09
THERE’S NO SCIENCE IN
STORYTELLING
A well-crafted story is one of the
key component to generate
investors interest.
S W I P E L E F T

11. 10
IDEA IS THE ONLY KEY TO
GET FUNDED
Idea and market are not enough; Right
Team, founder's conviction & confidence is
very important to raise growth capital.
S W I P E L E F T

12. INDIABIZFORSALE
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HELPFUL TO
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