Leveraging
Disruptive
Fundraising
Technology
Mark Organ, CEO of
@markorgan; Tweet #disruptive$
About Influitive
Influitive helps B2B
marketers recruit,
mobilize and
recognize an army of
advocates that outsell
their best sales reps.
Who we are:
Founded in 2010              vv
HQ in Toronto, San Francisco
Private, VC backed, >$11M
raised
I Have Raised Money In Many Forms

                       OVER 100
                       Shareholders

                      OVER $40M
                vv
                         Raised

                        OVER 12
                        Rounds
#1 Critical Ingredient for Startup Success
à Founders and Investors


                 CONVICTION
How to get Conviction?

         HARD WORK


                  v




              DEEP
           KNOWLEDGE
NO SHORTCUTS
Bootstrappin’




          CUSTOMERS
           FUND YOU
How to Bootstrap Your Business
1 CONVICTION

  2 MICRONICHE

    3 SERVICIZE

        4 HIGH PRICES

          5 SYSTEMATIC SCALE
Raising Money – Some tips
1 CONVICTION

2 BEAUTIFUL STORY

3 A. B. P. (ALWAYS BE PITCHING)

4 GET FEEDBACK & CONNECTIONS

5 FIRM, BUT COACHABLE
Raising Money: Convertibles
GREAT FOR EARLY ROUNDS
Assume Cap & Discount


Rolling Closes          Many Investors Dislike

Variable Terms          Options Unpriced
Low Cost                More Dilutive
                        (if progress is SLOW)
Less Dilutive
(if progress is FAST)
Raising Money: VC / Series A/B

  Long Lead Time
  Herd-like Behaviour
  Loss of Control

  Overhead to Manage


  $ $ $, $ $ $ ,$ $ $

  Intros & recruiting
  help
Disruptive Trends in Fundraising:
The Great Blurring


STAGE: A and SEED

 GEOGRAPHY: SF/SV, Northeast, R.O.W

   ACTORS: ANGEL, SUPERANGEL & VC
AngelList: Disruptive Fundraising Machine
AngelList: Disruptive Fundraising Machine
AngelList: Disruptive Fundraising Machine
Crushing it On AngelList

IT’S ‘LAUNCHY’: All systems go!

  NEED A POSSE: Advisors, early
  investors, and recommenders

    STYLE COUNTS: Design, pizzazz
Putting It All Together
How to Raise Money in 2013




           Founders
           $25K-$100K
Putting It All Together
How to Raise Money in 2013

 Start talking to microVC
 and quality angels




               Friends, Family, Fools
F              $250K-$500K
               Convertible
Putting It All Together
How to Raise Money in 2013


             Seed Preferred
             ~$2M



    FFF
            Seed Convert
F           ~$250K-$1M
Putting It All Together
How to Raise Money in 2013


             Seed Preferred   Series A/B
             ~$2M             $4M - $10M



    FFF
            Seed Convert
F           ~$250K-$1M
Thanks For Your Attention!


            QUESTIONS?


                  @markorgan
                  #disruptive$

Grow talks presentation final