MiniBar Camp - Matthew Stafford
•
0 likes•435 views
The document provides advice on pitching to investors and raising money for a startup. It recommends starting small by raising money from friends, family and fools (FFF) before seeking funding from accelerators or angel investors. The right funding sources depend on the stage of the company - from pre-seed to growth. Investors will want to see milestones like a minimum viable product, proven team and potential for high returns in their industry. Networking is key to finding the right investors at the optimal time in the company's development.
Recommended
More Related Content
What's hot
What's hot (20)
Viewers also liked
Similar to MiniBar Camp - Matthew Stafford
Similar to MiniBar Camp - Matthew Stafford (20)
Recently uploaded
Recently uploaded (20)
MiniBar Camp - Matthew Stafford
- 2. MiniBar Mini MBA #10: Business Model Developm --- Matthew Stafford @mstafford @mstafford #MiniBarCamp
- 3. Never a better time •Global opportunities •Cheap(er) teach •Access to resources is high (global) •Startup support is high @mstafford #MiniBarCamp
- 4. Money! • Accelerators • Crowdfunding • SEIS/EIS • Low interest rates (Start-Up Loans + Angels) • ‘City meets tech’ • Corporate venturing @mstafford #MiniBarCamp
- 8. • Lack of skills/credible management team • No unfair advantage • Do not ‘do it’ • No proof of concept/No validation • Poor business model • Small market • No clear exit Why so tough? @mstafford #MiniBarCamp
- 11. Wrong Money,Wrong Time • BigVC • SmallVC • Business Angels • CorporateVenturing • Grants • Accelerators • FFF @mstafford #MiniBarCamp
- 12. Wrong Money,Wrong Time • BigVC • SmallVC • Business Angels • CorporateVenturing • Grants • Accelerators • FFF Most start here Difficulty Level @mstafford #MiniBarCamp
- 13. Venture Capitalists • Scale & Exit • Tech businesses • Big markets • 10x return • Milestones @mstafford #MiniBarCamp
- 14. So Where to Start? • At the bottom • FFF • Why should an investor back you if your own network hasn’t? @mstafford #MiniBarCamp
- 15. Start at the Bottom • BigVC • SmallVC • Business Angels • CorporateVenturing • Grants • Accelerators • FFF @mstafford #MiniBarCamp
- 16. They all Startup this way [to Eduardo back at the Carribbean Night party ] Mark Zuckerberg: “We're gonna need a little start- up cash to rent the servers and get it online.” @mstafford #MiniBarCamp
- 17. When to Raise,Where? Pre-Seed Seed Pre-Revenue Early Growth Sustained Growth FFF Accelerators Business Angels Venture Capital IPO/Trade Sale @mstafford #MiniBarCamp
- 18. What do you need? • Team • Market • Product • Traction • Potential Returns @mstafford #MiniBarCamp
- 19. Milestones • Proven Team – have done it before in the sector? • Product – MVP with proof? • Exits in the sector? @mstafford #MiniBarCamp
- 20. Finding Investors • Do your research - right people, right time • Know your investor • Ask people to help • Network • And do something more than just write a plan - do it @mstafford #MiniBarCamp
- 21. Success is... • Raise money at the right time • Raise money from the right people • Network Intelligently • Seek Advice @mstafford #MiniBarCamp