This document provides an overview of raising seed capital from Steve Schlafman of RRE Ventures. It discusses the basics of venture capital, including the different funding options available to startups and reasons to raise capital. It covers the current state of the seed market, notable angel investors and seed funds, as well as tips for preparing to raise a seed round, such as launching a minimum viable product, finding advisors, choosing the right investors, and setting an appropriate funding target and round size. The document emphasizes the importance of having a compelling brand and story to attract investors.
How to define and position your VC brand to attract funding and dealflow.
* note: more recent updated version below:
https://www.slideshare.net/dmc500hats/branding-strategies-for-better-dealflow-and-fundraising-aka-the-helpful-vc
Irish Technology Capital-European Technology Venture Fund - John Hartnett - S...Burton Lee
Presentation by John Hartnett, Irish Technology Capital, about the new venture Fund that he is raising in Ireland and Silicon Valley, aimed at the Irish and European hitech startups marketplace. Stanford Engineering, January 4 2010. Program Director and Course Instructor Dr. Burton Lee. Homepage: http://me421.stanford.edu
Primer on raising seed capital for first time and experienced startup founders and employees. In this slideshare, I provide insight into the following questions:
-What is seed capital?
-Why should I raise?
-What is the current state of the seed market.
-Who invets in startups?
-How do I prepare?
-What is the close process?
-What are some useful resources?
We’re thrilled to announce that we’ve raised Kleiner Perkins’ 18th venture fund -- $600 million to focus on early stage investing. This marks 47 years for our firm, and with a fresh team and strategy, we’re incredibly excited for the next 47 years.
Venture Capital Unlocked (Stanford) / Venture Capital 2.0Dave McClure
slides for my "Venture Capital 2.0" opening talk at Stanford School Continuing Studies, VC101 class "Venture Capital Unlocked" #VCunlocked #500startups
Venture Capital 101 presentation on the basics of VC such as what venture capital is, and how it works. I delivered this presentation to a student group called InSITE that I belong to (mix of Columbia and NYU MBA and Law students). Enjoy!
-Brian Rothenberg
www.brianrothenberg.com
How to define and position your VC brand to attract funding and dealflow.
* note: more recent updated version below:
https://www.slideshare.net/dmc500hats/branding-strategies-for-better-dealflow-and-fundraising-aka-the-helpful-vc
Irish Technology Capital-European Technology Venture Fund - John Hartnett - S...Burton Lee
Presentation by John Hartnett, Irish Technology Capital, about the new venture Fund that he is raising in Ireland and Silicon Valley, aimed at the Irish and European hitech startups marketplace. Stanford Engineering, January 4 2010. Program Director and Course Instructor Dr. Burton Lee. Homepage: http://me421.stanford.edu
Primer on raising seed capital for first time and experienced startup founders and employees. In this slideshare, I provide insight into the following questions:
-What is seed capital?
-Why should I raise?
-What is the current state of the seed market.
-Who invets in startups?
-How do I prepare?
-What is the close process?
-What are some useful resources?
We’re thrilled to announce that we’ve raised Kleiner Perkins’ 18th venture fund -- $600 million to focus on early stage investing. This marks 47 years for our firm, and with a fresh team and strategy, we’re incredibly excited for the next 47 years.
Venture Capital Unlocked (Stanford) / Venture Capital 2.0Dave McClure
slides for my "Venture Capital 2.0" opening talk at Stanford School Continuing Studies, VC101 class "Venture Capital Unlocked" #VCunlocked #500startups
Venture Capital 101 presentation on the basics of VC such as what venture capital is, and how it works. I delivered this presentation to a student group called InSITE that I belong to (mix of Columbia and NYU MBA and Law students). Enjoy!
-Brian Rothenberg
www.brianrothenberg.com
Startany.com. Remote Acceleration Program.
---------------------------------------------------------------
The Founder’s Guide to Early-Stage Valuation
Presented by Stephen R. Poland, co-founder 1x1 Media.
For many early-stage entrepreneurs assigning a valuation to your startup is one of the more intimidating tasks encountered during the fundraising quest. Based on the popular Founders’ Pocket Guide: Startup Valuation, this webinar provides a quick reference to all of the key topics around early-stage startup valuation and provides step-by- step examples for several valuation methods.
This webinar helps startup founders learn:
What a startup valuation is and when you need to start worrying about it.
Key terms and definitions associated with valuation, such as pre-money, post-money, and dilution.
How investors view the valuation task and what their expectations are for early-stage companies.
How the valuation fits with your target raise amount and resulting founder equity ownership.
How to do the simple math for calculating valuation percentages.
How to estimate your company valuation using several accepted methods.
Stephen R. Poland
Stephen R. Poland has worked with hundreds of startups and entrepreneurs, mentoring them on startup mechanics, funding plans, pitch decks, financial models, and due diligence documentation for the angel funding process.
Steve brings more than 20 years' experience in startups and entrepreneurship to his career. Leveraging leadership roles with the Walt Disney Company, MacMillan Publishing, and Bertelsmann, Steve co-founded startups in the digital music and on-demand media manufacturing sectors, as well an early days anti-virus product.
Along with being co-founder of 1x1 Media, Steve works as a venture growth advisor in Western North Carolina.
VC Fundraising Deck Template: Carta x Kauffman FellowsNihar Neelakanti
Carta and Kauffman Fellows present a venture capital fundraising deck template highlighting the various components a GP should include as part of their fundraising story to attract limited partners.
This presentation will introduce you to the fundamentals of raising capital for venture builders, startup studios. Compared to raising capital for a single startup, the fundraising process is more challenging. Because you are raising money for an organization that will be active participant in building up an entire batch or batches of startups. So you have to show to your investors that you have:
+ A studio leadership team with the power to build an entire portfolio of ventures;
+ The right financial-organizational structure that matches the goals;
+ A coherent vision and venture building thesis;
+ Viability of your approach supported by benchmarks;
+ Strong portfolio of startups and ideas in your pipeline.
This presentation will help you understand the basics of how to build up your fundraising approach.
If you need more help, reach out and I will guide you in:
+ Structuring your venture builder and fundraising strategy;
+ Assess your current material and identify gaps and risks;
+ Preparing for a successful investor meeting;
Attila Szigeti
https://www.attilaszigeti.com/
Weekend Fund 3.0 - VC Pitch Deck ExamplesPitch Decks
Weekend Fund is a two-person team: Ryan Hoover (founder of Product Hunt) and Vedika Jain writing $100k-300k checks into early-stage startups around the world across consumer and B2B.
After raising an initial $3M angel fund in 2017, then a $10M early-stage fund in 2019, Weekend Fund used this pitch deck to raise a $21M Fund "3.0" in 2022.
Weekend Fund is backed by notable LPs like Naval Ravikant, Troy Carter, Marc Andreessen, Chris Dixon, Suzy Ryoo, Miyuki Matsumoto, Kevin Rose, Chris & Crystal Sacca. They have funded startups like Intercom, Faze Clan, Deel, VoiceFlow & more.
Slash - the Startup Studio Playbook (13 dec2018)Slash
New models for collaboration emerge between corporates, startups and investors.
In his keynote at the Asia Startup Summit, Slash CEO Andries De Vos shares how Slash (www.slash.co) has developed a startup studio model which can be applicable to corporates, investors and entrepreneurs.
Susa Ventures - Fund IV - VC Pitch Deck ExamplesPitch Decks
Susa Ventures is an early-stage venture capital firm investing primarily in seed rounds, founded in 2013. The firm seeks to invest in early-stage companies operating in the enterprise software, fintech, logistics, healthcare, consumer, and frontier tech sectors.
Susa's portfolio includes fast-growing companies like Andela and Robinhood — they participated across all five funding rounds of the freight logistics unicorn Flexport ($3.2 billion valuation).
A reproduction of the official pitch deck template recommended by leading VC firm Sequoia Capital.
YOU MIGHT ALSO LIKE THESE PITCH DECK EXAMPLES & TEMPLATES:
> Airbnb pitch deck @ https://pitchdeckcoach.com/airbnb-pitch-deck
> Sequoia Capital pitch deck template @ https://pitchdeckcoach.com/sequoia-capital-pitch-deck
> FREE pitch deck template download @ https://pitchdeckcoach.com/free-pitch-deck-template
> Pitch deck guide with hints, tips, and a worked example @ https://pitchdeckcoach.com/pitch-deck-template
NEED HELP WITH YOUR PITCH DECK?
See how I can help then book a free call @ https://pitchdeckcoach.com/
MORE PITCH DECK RESOURCES @ https://pitchdeckcoach.com/pitch-deck-template#resources
How To Create A Successful Investment Pitch Deck by Piktochart and HighSparkPiktochart
What makes a successful investment pitch deck? According to a report, investors spend an average of only 3 minutes and 44 seconds looking at pitch decks, making every second count to convince potential investors.
Find out how you can create a successful and unique pitch deck with valuable tips to help you stand out.
This presentation slide is part of a webinar series by Piktochart in partnership with HighSpark. We speak with Kai Xin Koh, Co-founder and Story Strategist at HighSpark – a communications training and consulting agency that helps startups and category leaders create winning pitches. To date, Kai Xin and her company have helped to develop more than 500 powerful narratives. The startups they worked with raised cumulatively over $80 million in funding.
This webinar also shows you how to design a successful investment pitch deck using a template created by Piktochart and HighSpark. Watch the free webinar on-demand here: https://hubs.ly/H0JdfWK0
Raising Seed Capital by Steve Schlafman at RRE VenturesAlejandro Cremades
Navigating the seed funding landscape can be complex and demanding. Thanks to insights from Steve Schlafman of RRE Ventures, their detailed presentation sheds light on this critical phase of startup development.
Key Points from the Presentation:
1) Sources of Seed Capital: Explore diverse funding sources from venture capital to angel investors and learn how to leverage them effectively.
2) Preparing for the Pitch: Understanding what investors look for in a seed stage startup is crucial— from traction and product to team dynamics.
3) The Pitch Itself: Learn how to create FOMO (Fear of Missing Out) among investors and how to convey your startup's value compellingly.
4) Post-Pitch Strategy: Discover what steps to take after your pitch to maintain momentum and secure funding.
Have a great idea, but not sure how to get funding to turn it into a business? This presentation highlights the many ways to find funding and focuses on the pros & cons of using venture capital to launch.
Startany.com. Remote Acceleration Program.
---------------------------------------------------------------
The Founder’s Guide to Early-Stage Valuation
Presented by Stephen R. Poland, co-founder 1x1 Media.
For many early-stage entrepreneurs assigning a valuation to your startup is one of the more intimidating tasks encountered during the fundraising quest. Based on the popular Founders’ Pocket Guide: Startup Valuation, this webinar provides a quick reference to all of the key topics around early-stage startup valuation and provides step-by- step examples for several valuation methods.
This webinar helps startup founders learn:
What a startup valuation is and when you need to start worrying about it.
Key terms and definitions associated with valuation, such as pre-money, post-money, and dilution.
How investors view the valuation task and what their expectations are for early-stage companies.
How the valuation fits with your target raise amount and resulting founder equity ownership.
How to do the simple math for calculating valuation percentages.
How to estimate your company valuation using several accepted methods.
Stephen R. Poland
Stephen R. Poland has worked with hundreds of startups and entrepreneurs, mentoring them on startup mechanics, funding plans, pitch decks, financial models, and due diligence documentation for the angel funding process.
Steve brings more than 20 years' experience in startups and entrepreneurship to his career. Leveraging leadership roles with the Walt Disney Company, MacMillan Publishing, and Bertelsmann, Steve co-founded startups in the digital music and on-demand media manufacturing sectors, as well an early days anti-virus product.
Along with being co-founder of 1x1 Media, Steve works as a venture growth advisor in Western North Carolina.
VC Fundraising Deck Template: Carta x Kauffman FellowsNihar Neelakanti
Carta and Kauffman Fellows present a venture capital fundraising deck template highlighting the various components a GP should include as part of their fundraising story to attract limited partners.
This presentation will introduce you to the fundamentals of raising capital for venture builders, startup studios. Compared to raising capital for a single startup, the fundraising process is more challenging. Because you are raising money for an organization that will be active participant in building up an entire batch or batches of startups. So you have to show to your investors that you have:
+ A studio leadership team with the power to build an entire portfolio of ventures;
+ The right financial-organizational structure that matches the goals;
+ A coherent vision and venture building thesis;
+ Viability of your approach supported by benchmarks;
+ Strong portfolio of startups and ideas in your pipeline.
This presentation will help you understand the basics of how to build up your fundraising approach.
If you need more help, reach out and I will guide you in:
+ Structuring your venture builder and fundraising strategy;
+ Assess your current material and identify gaps and risks;
+ Preparing for a successful investor meeting;
Attila Szigeti
https://www.attilaszigeti.com/
Weekend Fund 3.0 - VC Pitch Deck ExamplesPitch Decks
Weekend Fund is a two-person team: Ryan Hoover (founder of Product Hunt) and Vedika Jain writing $100k-300k checks into early-stage startups around the world across consumer and B2B.
After raising an initial $3M angel fund in 2017, then a $10M early-stage fund in 2019, Weekend Fund used this pitch deck to raise a $21M Fund "3.0" in 2022.
Weekend Fund is backed by notable LPs like Naval Ravikant, Troy Carter, Marc Andreessen, Chris Dixon, Suzy Ryoo, Miyuki Matsumoto, Kevin Rose, Chris & Crystal Sacca. They have funded startups like Intercom, Faze Clan, Deel, VoiceFlow & more.
Slash - the Startup Studio Playbook (13 dec2018)Slash
New models for collaboration emerge between corporates, startups and investors.
In his keynote at the Asia Startup Summit, Slash CEO Andries De Vos shares how Slash (www.slash.co) has developed a startup studio model which can be applicable to corporates, investors and entrepreneurs.
Susa Ventures - Fund IV - VC Pitch Deck ExamplesPitch Decks
Susa Ventures is an early-stage venture capital firm investing primarily in seed rounds, founded in 2013. The firm seeks to invest in early-stage companies operating in the enterprise software, fintech, logistics, healthcare, consumer, and frontier tech sectors.
Susa's portfolio includes fast-growing companies like Andela and Robinhood — they participated across all five funding rounds of the freight logistics unicorn Flexport ($3.2 billion valuation).
A reproduction of the official pitch deck template recommended by leading VC firm Sequoia Capital.
YOU MIGHT ALSO LIKE THESE PITCH DECK EXAMPLES & TEMPLATES:
> Airbnb pitch deck @ https://pitchdeckcoach.com/airbnb-pitch-deck
> Sequoia Capital pitch deck template @ https://pitchdeckcoach.com/sequoia-capital-pitch-deck
> FREE pitch deck template download @ https://pitchdeckcoach.com/free-pitch-deck-template
> Pitch deck guide with hints, tips, and a worked example @ https://pitchdeckcoach.com/pitch-deck-template
NEED HELP WITH YOUR PITCH DECK?
See how I can help then book a free call @ https://pitchdeckcoach.com/
MORE PITCH DECK RESOURCES @ https://pitchdeckcoach.com/pitch-deck-template#resources
How To Create A Successful Investment Pitch Deck by Piktochart and HighSparkPiktochart
What makes a successful investment pitch deck? According to a report, investors spend an average of only 3 minutes and 44 seconds looking at pitch decks, making every second count to convince potential investors.
Find out how you can create a successful and unique pitch deck with valuable tips to help you stand out.
This presentation slide is part of a webinar series by Piktochart in partnership with HighSpark. We speak with Kai Xin Koh, Co-founder and Story Strategist at HighSpark – a communications training and consulting agency that helps startups and category leaders create winning pitches. To date, Kai Xin and her company have helped to develop more than 500 powerful narratives. The startups they worked with raised cumulatively over $80 million in funding.
This webinar also shows you how to design a successful investment pitch deck using a template created by Piktochart and HighSpark. Watch the free webinar on-demand here: https://hubs.ly/H0JdfWK0
Raising Seed Capital by Steve Schlafman at RRE VenturesAlejandro Cremades
Navigating the seed funding landscape can be complex and demanding. Thanks to insights from Steve Schlafman of RRE Ventures, their detailed presentation sheds light on this critical phase of startup development.
Key Points from the Presentation:
1) Sources of Seed Capital: Explore diverse funding sources from venture capital to angel investors and learn how to leverage them effectively.
2) Preparing for the Pitch: Understanding what investors look for in a seed stage startup is crucial— from traction and product to team dynamics.
3) The Pitch Itself: Learn how to create FOMO (Fear of Missing Out) among investors and how to convey your startup's value compellingly.
4) Post-Pitch Strategy: Discover what steps to take after your pitch to maintain momentum and secure funding.
Have a great idea, but not sure how to get funding to turn it into a business? This presentation highlights the many ways to find funding and focuses on the pros & cons of using venture capital to launch.
Co-founder of Hack Upstate, Mitchell Patterson presents the basics of raising capital. From Sources of Seed Capital, How to Prepare, The Pitch, and what to do once you receive funding.
US Investors: From Early Stage to Series ADavid Shen
I gave this presentation in Oct 2014 at the Silicon Valley Innovation Center to a group of visiting Kazakh entrepreneurs. They wanted to know about US based investors and what they look for, and how to get investment from them.
Raising your first $1mm to $5mm a view from both sides of the tableStartupWeekDallas
Presentation at Dallas Startup Week from Lee Blaylock, Founder and CEO, Who@
Lee Blaylock, a former Oracle exec and current serial entrepreneur and investor, offered up a multitude of advice for founders on Tuesday at Dallas Startup Week.
First, the Who@ founder started with his definition of entrepreneurship.
dallasstartupweek“It’s the undertaking of a business enterprise with a complete, total, utter lack of respect of the resources you currently control,” Blaylock said.
Blaylock listed a bevy of investing lingo that every entrepreneur should understand when trying to raise that first $1 million to $5 million. Among them:
- Fiduciary
- Traction
- Term Sheet
- Debt
- Equity
- Warrants
- Option Pool / Vesting / Cliff
- Capitalization Table
- Accredited Investor
- Due Diligence
- LTV / CaC
- Burn Rate
- Fume Date
- Making money and good investments concept
He then offered a “6 Things Before You Pitch” guide.
Are you thinking about what you need to fund your company? Where do you start? Funding is not “one size fits all”. Every company has to approach their pathway to funding with a unique approach. Join our fundraising experts for an in-depth discussion of what options you have for funding and how to decide which paths are right for you and your company. Topics covered will include investment criteria, time to closing, investment range, success rates, control features, compliance requirements and the overall costs of capital from each such source.
Jean Hammond – LearnLaunchX, LearnLaunch.org, Hub Angels, Launchpad Venture Group, Golden Seeds
Robert Bishop - Goodwin Procter
In partnership with:
Founders Workbench
Navigating the venture capital landscape can be daunting for startups. PitchBook’s guide to VC fundraising provides a roadmap filled with critical insights to help entrepreneurs from Silicon Valley to Tokyo secure the capital they need to transform their startups into market leaders.
What the Guide Covers:
1) Stages of VC Funding: From seed to Series C and beyond, understand the typical progression startups follow and what is expected at each stage.
2) Evaluating Funding Needs: Determine whether your startup is ready for funding by assessing its current stage, from initial concept to scaling for market expansion.
3) Approaching Investors: Learn how to identify investors that align with your values, perfect your pitch, and effectively approach your target list.
4) Pros and Cons of Funding Types: A deep dive into the advantages and disadvantages of self-funding vs. external funding, helping you make informed decisions about the best path for your venture.
Presentation by Steve Carkner, Head of Innovation at Revision Military as part of the Business of IoT Workshop at IoT613 on Thursday, September 29, 2016.
Venture capital equity funding explained - Paula Mariwala, Seed Fundtiemumbai
Know more about fund raising and the key parameters that an investors takes into consideration while investing his money and time into a business or entrepreneur as explained by Paula Mariwala - Partner Seed Fund
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
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Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
1. RRE VENTURES | RAISING SEED CAPITAL
RAISING SEED
CAPITAL
Steve Schlafman (@schlaf)
RRE Ventures
Last Update: February 3, 2014
2. RRE VENTURES | RAISING SEED CAPITAL
ABOUT ME
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Principal, RRE Ventures
Raised in Boston, live in NYC
@schlaf
schlafnotes.tumblr.com
linkedin.com/in/schlaf
My values guide me: intellectual
curiosity, hard work, honesty,
humility, empathy and transparency
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3. RRE VENTURES | RAISING SEED CAPITAL
RRE VENTURES
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Established 1994
Most active early stage firm in NYC for nearly two decades
Stages: Seed, Series A, Series B
Sectors: SAAS, Fin Tech, Commerce / Marketplaces, Consumer Mobile
Services, Hardware, Ad Tech
Mix of investing and operational expertise
Support platform with unique access to Fortune 500
Stuart
Ellman
James
Robinson
James
Robinson III
Will
Porteous
Eric
Wiesen
Adam
Ludwin
Tom
Loverro
Jay
Hass
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4. RRE VENTURES | RAISING SEED CAPITAL
RAISNG SEED CAPITAL
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VC Basics.……………………………………….05
State of Market……………………………....….17
Sources of Cash..…………………………...….24
How to Prepare......................................……..33
The Pitch…...……………………………...…….51
After The Pitch……………….………………….63
Funding Vehicles………………..………………67
Resources………………………………………..73
One Final Thought………………………………78
3
5. RRE VENTURES | RAISING SEED CAPITAL
DISCLAIMERS
• Each investor views the world differently so this
guide is far from definitive.
• I couldn’t include every accelerator, angel or VC.
• I’m not a lawyer so consult with one before you
raise.
• The focus is seed but many lessons apply for
Series A.
• These slides are used for a class I teach at
General Assembly.
4
7. RRE VENTURES | RAISING SEED CAPITAL
YOUR FUNDING OPTIONS
VC is just one option. There are numerous sources so make sure you
evaluate the pros and cons of each.
Debt / Credit Cards
Family & Friends
Grants
Crowdfunding
Your Customers
Venture Capital
6
8. RRE VENTURES | RAISING SEED CAPITAL
JOHN BORTHWICK
“Remember that funding is a means to an
end, not an end in of itself. The end is
building a product, building a community
and building a business. Raising money
can be a challenge – just remember it’s
not the end. It’s the beginning, it’s the
starting point. Now you have to build.”
7
9. RRE VENTURES | RAISING SEED CAPITAL
HOW VC WORKS
VC Firm
(General Partner)
Limited Partners
(public pension funds, corporate pension funds, insurance
companies, high net-worth individuals, family offices, endowments,
foundations, fund-of-funds, sovereign wealth funds, etc.)
Ownership of Fund
Fund Management
VC Fund
(Limited Partnership)
Paid 2% fee + 20% of Profits
Investment 1
Investment 2
Investment 3
(Ownership %)
(Ownership %)
(Ownership %)
8
10. RRE VENTURES | RAISING SEED CAPITAL
WHAT IS SEED STAGE?
The seed is the “setup” round(s) where a person or startup venture
approaches an angel or a VC firm for funding their product / idea.
Angel
$25K-$250K
Accelerator
$20K-$150K
In Scope
Source: wikipedia
Institutional Seed
$500K - $1.5M+
Series A, B, C+
$2.5M - $10M+
Out of Scope
9
11. RRE VENTURES | RAISING SEED CAPITAL
REASONS TO RAISE
Raise to accelerate growth. VC will help you scale but it absolutely will
not validate your product and market.
Your Company
+
=
1. Grow Faster
2. Expand Network
3. Timing
VC Funding
10
12. RRE VENTURES | RAISING SEED CAPITAL
PAUL GRAHAM
“The other time not to raise money is
when you won’t be able to. If you try to
raise money before you can convince
investors, you’ll not only waste your time,
but also burn your reputation with those
investors.”
http://paulgraham.com/fr.html
11
13. RRE VENTURES | RAISING SEED CAPITAL
RAISING VC CHANGES
EXPECTATIONS
Without VC Funding
With VC Funding
12
14. RRE VENTURES | RAISING SEED CAPITAL
IT TAKES MORE THAN SIX
YEARS TO EXIT
Source: http://www.cbinsights.com/blog/trends/venture-capital-exit-timeframe-tech
13
15. RRE VENTURES | RAISING SEED CAPITAL
IT’S A ROLLER COASTER
Struggles
Wins
Back & Forth
14
16. RRE VENTURES | RAISING SEED CAPITAL
HUGE EXITS ARE RARE
Source: http://techcrunch.com/2012/04/09/facebook-to-acquire-instagram-for-1-billion/
15
17. RRE VENTURES | RAISING SEED CAPITAL
HERE’S THE PROOF
The average
successful US
startup has raised
$41M and exited at
$242M
The average
successfully acquired
US startup has
raised $29.4M and
sold for $155.5M
The average IPObound startup raised
$162M before going
public
Source: http://info.crunchbase.com/2013/12/16
16
18. RRE VENTURES | RAISING SEED CAPITAL
JAKE LODWICK
“Many entrepreneurs underestimate the
time and energy that goes into
fundraising. I wouldn’t expect to
accomplish much creatively or technically
until the raise is completely wrapped.”
17
19. RRE VENTURES | RAISING SEED CAPITAL
STATE OF THE SEED
MARKET
18
20. RRE VENTURES | RAISING SEED CAPITAL
VCs ARE RAISING CASH
Source: Preqin Special Report: US Venture Capital Industry (October 2013)
19
21. RRE VENTURES | RAISING SEED CAPITAL
AND SEED DEAL VOLUME
REMAINS STEADY
Source: http://www.cbinsights.com/blog/trends/2013-seed-venture-capital
20
22. RRE VENTURES | RAISING SEED CAPITAL
DOLLARS INVESTED ALSO
REMAIN CONSISTENT
Source: http://www.cbinsights.com/blog/trends/2013-seed-venture-capital
21
23. RRE VENTURES | RAISING SEED CAPITAL
SIZE OF SEED ROUNDS
GROWING
Source: http://www.cbinsights.com/blog/trends/2013-seed-venture-capital
$ in millions
22
24. RRE VENTURES | RAISING SEED CAPITAL
SAAS & EDU WON 2013
Source: http://www.cbinsights.com/blog/trends/2013-seed-venture-capital
23
25. RRE VENTURES | RAISING SEED CAPITAL
THE NEW FRONTIERS
Connected Cars
UAVs
Social Platforms
Digital Currency
Context Compute
Connected Home
Wearables
Cloud Compte
Private Space
Mobile Services
Bioinformatics
Industrial Internet
24
26. RRE VENTURES | RAISING SEED CAPITAL
SOURCES OF SEED
CAPITAL
25
27. RRE VENTURES | RAISING SEED CAPITAL
BEN LERER
“Try not to fall in love with a firm – focus
more attention on the partner leading the
deal. Ultimately that partner will be the
person you have to deal with so raising
from a great firm but putting someone on
your board that you don’t love won’t end
up working out.”
26
28. RRE VENTURES | RAISING A SEED ROUND
NOTABLE ANGELS
Bill
Warner
Mike
Lazerow
Jason
Calacanis
Elad
Gill
Scott
Belsky
Kal
Vepuri
Michael
Birch
Gary
Vanyerchuk
Naval
Ravikant
Joanne
Wilson
Mitch
Kapor
Paul
English
Jerry
Neumann
Mark
Cuban
Esther
Dyson
Dharmesh
Shah
Max
Levchin
Karl
Jacob
Dave
Morin
Lee
Linden
David
Tisch
27
29. RRE VENTURES | RAISING A SEED ROUND
ACCELERATORS
A three to six month “startup boot camp” that provides mentoring, office
space and access to capital in exchange for 3-6% of common stock.
28
30. RRE VENTURES | RAISING A SEED ROUND
NOTABLE SEED FUNDS
Seed funds tend to invest $50K - $750K in an institutional seed round
which is usually up to $1.5M. These funds invest together as a syndicate.
29
31. RRE VENTURES | RAISING A SEED ROUND
VCs w/ SEED DEALS
VCs typically lead $3M-$10M+ Series A rounds but some invest $50K $1M in seeds to back great founders and / or learn about emerging tech.
30
32. RRE VENTURES | RAISING A SEED ROUND
CORPORATE VCs
Corporations often have funds that invest in startups for strategic and / or
financial reasons. These funds typically focus on Seed and Series A.
31
33. RRE VENTURES | RAISING SEED CAPITAL
CHRIS POOLE
“The airport / friendship test is real. When
you’re pitching investors you’re at your
best – you need to pick people who will
support you at your lowest points as well.”
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35. RRE VENTURES | RAISING A SEED ROUND
LAUNCH & LEARN
If technically feasible you should launch a minimum viable product (MVP)
before raising capital.
Benefits of launching
•
Validate early hypotheses
•
Social proof / traction
•
Feedback from real customers
•
Evidence team can ship
•
Develop “bootstrapper” mentality
•
Easier to raise capital
“If you weren’t embarrassed by the first
version you launched too late.”
-Reid Hoffman
34
36. RRE VENTURES | RAISING SEED CAPITAL
BRE PETTIS
“Bring your product to market as quickly
as possible so you can start to learn from
your users.”
35
37. RRE VENTURES | RAISING SEED CAPITAL
FIND A GOOD LAWYER
Once you determine VC is the right funding option for your company
make sure you partner with an experienced law firm.
36
38. RRE VENTURES | RAISING A SEED ROUND
SEEK ADVICE
Before you kick off the fundraising process, build an experienced advisory
board that can help with strategy, introductions and general advice.
Founders
Successful Execs
Investors
Venture Capital
Professors
Industry Experts
Influencers
37
39. RRE VENTURES | RAISING SEED CAPITAL
GINA BIANCHINI
“Find a tribe of fellow entrepreneurs a little
ahead of you in progress who will give you
honest feedback and clear direction on
your pitch and – more importantly – the
progress you need to show in order to
raise money in the first place. The pitch is
nice but the progress is critical.”
38
40. RRE VENTURES | RAISING SEED CAPITAL
CHOOSING YOUR VC
When selecting your investors there are a variety of factors that should go
into the decision making process beyond financial terms.
Location
Expertise / Focus
Partner
Brand
Support & Relationships
Strategy & Stage
39
41. RRE VENTURES | RAISING SEED CAPITAL
MATT LAUZON
“Make sure you spend whatever time and
energy is necessary to involve investors
who are aligned with your vision.”
40
42. RRE VENTURES | RAISING SEED CAPITAL
STRUCTURE A PROCESS
Create a spreadsheet or use a CRM like Streak.com for targeting and
tracking your VC conversations. Here’s an example you can use:
Firm / Angel
Weight
(1-5)
Stage
Location
Strategy
Sector / Focus
Relevant Companies Point of Contact
Title
Email
Referral
Last Contact
Next Steps
A16Z
1
Target
SF
A, B
Marketplace, SAAS
FiftyThree, Airware
Chris Dixon
Partner
chris@email.com
Steve Jobs
12/15/13 Follow up
NextView
1
Intro'd
Bos
Seed
Mobile, SAAS
Directr, Sunrise
Rob Go
Partner
rob@email.com
Tom Brady
12/12/13 Follow up
Lerer Ventures
2
Intro'd
NYC
Seed
Media, Commerce
RapGenius, Buzzfeed Eric Hippeau
Partner
ben@email.com
Jane Jacobs
Floodgate
2
1st Pitch
SF
Seed
Marketplace, SAAS
Outbox, Chegg
Mike Maples
Partner
mike@email.com Sally Ride
Lightbank
3
Dilligence
Chi
Seed, A
SMB, Local, Marketplace GroupOn
Paul Lee
Partner
paul@email.com
SV Angel
4
Decision
SF
Seed
Consumer
Square, Airbnb
David Lee
Partner
david@email.com Bill Campbell
1/16/14 Call on Wed
Founder Collective
5
Commit
Bos
Seed
Marketplace, SAAS
CustomMade, IFTTT
Eric Paley
Partner
eric@email.com
1/20/14 Finalize terms
Investment
Amt.
Mark Zuckerberg
Jason Calcanis
1/5/14 Schedule mtg
1/8/14 Send deck
1/15/12 References
$250,000
41
43. RRE VENTURES | RAISING SEED CAPITAL
SET ROUND SIZE
Estimating the amount of capital you’ll need requires more art than
science. Here are some tips to keep in mind during your quest.
1. Runway: Raise enough capital to give yourself 18 months. Keep in
mind it will likely take 3-6 months to raise a Series A.
2. Dilution: Every time you raise a round, try to sell no more than 1025% of the company.
3. $ Target: Set a modest raise amount. It’s always better to nail your
target, say you’re “oversubscribed” and then increase the size of
round depending on investor interest and terms / dilution.
42
44. RRE VENTURES | RAISING SEED CAPITAL
MIKE KARNJ
“Think about your next milestone and
work backwards from there to determine
how much money you need to raise.”
43
45. RRE VENTURES | RAISING A SEED ROUND
KNOW YOUR BRAND
Your brand equals the sum total of positive and negative interactions that
partners, customers and employees have with your company.
“In this ever-changing society,
the most powerful and
enduring brands are built from
the heart. They are real and
sustainable. Their foundations
are strong because they’re
built with the strength of the
human spirit, not an ad
campaign.”
-Howard Schultz, Starbucks
44
46. RRE VENTURES | RAISING SEED CAPITAL
TINA SHARKEY
“Entrepreneurs should think about how to
unlock the narrative from their product or
service. What is the true story they are
trying to tell? What types of stories do
they want their users to share?”
45
47. RRE VENTURES | RAISING A SEED ROUND
CRAFT YOUR STORY
The “story” behind your company and product is often one of the most
important things an investor will want to know. Don’t underestimate it.
•
•
Why are you obsessed with
solving this problem?
•
How did the founders meet and
decide to partner?
•
“It’s not what you do, it’s why you do it.”
-Simon Sinek
What was the impetus for starting
the company?
Why are you willing to sacrifice
years of your life to work on this?
•
What is your cause, your belief?
46
48. RRE VENTURES | RAISING SEED CAPITAL
GEORGE PETSCHNIGG
“Write a pitch deck for the people you
want to hire first, and investors last. When
starting out, the first audience for your
deck should be your founding team. Use it
to get on the same page. The next
audience is your first few hires, they
should believe in the vision to join. The
final audience is investors and it turns out
they are no different from a great hire in
terms of what motivates them to believe.”
47
51. RRE VENTURES | RAISING SEED CAPITAL
NEIL CAPEL
“Get to the point in the first few slides.
Don’t wait to get it perfect – you won’t.
Additionally, practice beyond belief. Keep
practicing – sell a story! Be amazing.”
50
52. RRE VENTURES | RAISING SEED CAPITAL
HOW TO CONNECT w/ VCs
Angels and VCs are generally ‘networked’ so it shouldn’t be too hard to
find them if you look in the right places and hustle.
Events & Classes
AngelList
Twitter + Blogs
Venture Capital
Your Network
Accelerators
Founder Intros
51
54. RRE VENTURES | RAISING SEED CAPITAL
YOUR OBJECTIVE: FOMO*
Your goal throughout the process should be to create excitement,
demand and scarcity for your round. Investors often move in packs.
*Fear of missing out
53
55. RRE VENTURES | RAISING SEED CAPITAL
FIRST IMPRESSION IS KEY
Most VCs usually form an opinion of the founder and opportunity within
first 10 minutes of a pitch. Early stage investors generally look for:
Traction
You + Team
Social Proof
Product
54
56. RRE VENTURES | RAISING SEED CAPITAL
NOAH BRIER
“Be prepared to answer, why are you (and
your co-founders) uniquely suited to solve
this problem?”
55
57. RRE VENTURES | RAISING SEED CAPITAL
GETTING TO YES
Every investor / firm has a different process. Some make a decision in
30 minutes while others take months of diligence. Here’s my process:
1. Get “Warm” Intro
3. First Meeting
2. Review Product
80%
60%
30%
5. Term Sheet / Close
4. Partner Meeting
< 1%
4. Diligence
15%
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58. RRE VENTURES | RAISING SEED CAPITAL
DAVID EISENBERG
“Don’t be afraid of sharing your flaws in
your business, market, strategy or team.
Investors would rather back an
entrepreneur who is honest, who knows
her flaws, and who has a reasonable
hypotheses about how she might
overcome these challenges with more
resources and time. ”
57
59. RRE VENTURES | RAISING SEED CAPITAL
WHAT I LOOK FOR
When evaluating super early stage investments there are a number of
things that I look for and place value on. Here are some them:
Complementary Team
Story & Purpose
Emerging Markets
Differentiated Product
Some Traction / Proof
Distribution
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60. RRE VENTURES | RAISING SEED CAPITAL
ZACH SIMS
“Work on something where you’re the
user – you’ll always have user empathy
and you’ll never tire of solving the
problem.”
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61. RRE VENTURES | RAISING SEED CAPITAL
WHAT I LOOK FOR (CON’T)
Here are some additional things that I look for and place value on when
meeting with seed stage companies.
‘Action Not Analysis’
Strong Culture
Customer Obsession
Venture Capital
Data Driven
Hustle / Hacking
Great Design
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62. RRE VENTURES | RAISING SEED CAPITAL
QUESTIONS TO ASK
During the process make sure you carve out enough time to learn about
the firm, its process and how they think about your opportunity.
1. What are the next steps in the process?
2. What concerns do you have?
3. How much time do you typically spend with your
companies?
4. Can you walk me through your decision making process?
5. How do you think you can help our company?
6. Do you lead and / or follow?
7. What’s your typical check size?
8. How does your firm think about follow on investments?
9. Is there any additional information you’d like to see?
10. Which investors do you enjoy working with?
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63. RRE VENTURES | RAISING SEED CAPITAL
THINGS TO AVOID
As I mentioned earlier every investor is different but there are some
general things to avoid throughout the process.
•
•
•
•
•
•
•
•
•
•
•
•
Product demos that don’t work
Derivative product and positioning
Long answers filled w/ buzzwords
Trying to have all the answers
Long pitch decks
Don’t have clear raise amount
Asking for investor intros after one passes
Overemphasizing PR and press
No product team in place
Pitching different partners in firm after a pass
Bringing non-founders to 1st meeting
Too many emails / follow ups
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64. RRE VENTURES | RAISING SEED CAPITAL
AYAH BDEIR
“Never change your pitch to tell an
investor what they want to hear. While it
might get their attention in the short term,
you quickly won’t be able to keep up an
alternate story, or if you did, you’ll end up
with the wrong investor.”
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66. RRE VENTURES | RAISING SEED CAPITAL
YOUR ACTION ITEMS
Immediately following each pitch session there are some best practices
you can implement which should help you throughout the process.
Debrief w/ Team
Send VC Requests
Review Pitch Notes
Note Questions / Issues
Edit Pitch Deck
Update VC Pipeline
65
67. RRE VENTURES | RAISING SEED CAPITAL
DECISION TO CLOSE
Once you have a signed term sheet in place, there are a number of final
steps you will need to complete before getting back to work.
Negotiate
Term Sheet
Build Investor
Syndicate
Legal
Diligence
Review
Docs
Sign &
Wire
Terms
Usually four to twelve weeks
66
68. RRE VENTURES | RAISING SEED CAPITAL
JARED HECHT
“Assume everything that can go wrong will
go wrong so have a plan B, C and D.
Nothing is ever done until the money is in
the bank.”
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69. RRE VENTURES | RAISING SEED CAPITAL
SEED FUNDING VEHICLES
When a startup raises money, one of three financing instruments are used
and which one is always specified in the term sheet.
Convertible Debt
Preferred Equity
SAFE
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70. RRE VENTURES | RAISING SEED CAPITAL
CONVERTIBLE DEBT
Convertible debt (A.K.A Convertible Note, A.K.A. Convertible Loan) is when a company
borrows money from an investor or a group of investors and the intention of both sides is
to convert that debt to equity at some later date.
Key Terms/Elements
Discount
The % reduction in price the debt holders
will get when they convert into equity in the
future
Valuation Cap
A valuation ceiling on the conversion price of
the debt (common for seed deals)
Conversion
Point in time when holders of the debt will
convert their investment into equity (typically
occurs in the first equity funding round
following the convertible debt issuance)
Why Convertible Debt?
Speed
Simpler terms and less paperwork so
can close within weeks
Cost
Cheaper than equity from a legal
perspective
Control
Founder retains majority of voting
stock
Valuation
Delays valuation discussion unless
note is capped
Source: http://www.avc.com/a_vc/2011/07/financing-options-convertible-debt.html
Source: http://techcrunch.com/2012/04/07/convertible-note-seed-financings/
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71. RRE VENTURES | RAISING SEED CAPITAL
SEED PREFERRED
Seed Preferred is a type of equity seed funding instrument that provides certain rights,
privileges and preferences to investors.
Key Terms/Elements
Price / Valuation
Pre-money valuation / price-per-share
Liquidation Preference
Amount VCs receive in sale before proceeds
are shared with founders based on ownership
Founder Vesting
Determines timing of when founders and
employees earn their equity (e.g. 4 years)
Pro-Rata Right
Right for VCs to invest in future rounds
Board Seats
Lead investors usually require board seat
privileges to vote in strategic decisions
Why Seed Preferred?
Alignment of Interests
Both the founder and investor have
unlimited upside
Valuation
Sets baseline valuation right on
closing date
Tax Implications
Capital gains clock begins to tick
Industry Standard
Many seed deals are currently being
funded with seed preferred
Source: http://www.avc.com/a_vc/2011/07/financing-options-preferred-stock.html
Source: http://techcrunch.com/2012/04/07/convertible-note-seed-financings/
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72. RRE VENTURES | RAISING SEED CAPITAL
SAFE
SAFE – Simple Agreement for Future Equity – is a newly-formed funding instrument
meant to replace convertible notes; essentially, SAFE has the benefits of convertible debt
without the debt portion (maturity date and accrued interest).
Key Terms/Elements
Equity Financing Event
SAFE investors will be issued a form of
preferred stock, and the SAFE instrument
will expire
Liquidity Event
SAFE investors will be have the option to
receive cash payment or common stock,
and the SAFE instrument will expire
Dissolution Event
SAFE investors would have preference over
capital stock owners in the distribution of
assets
Source: http://ycombinator.com/safe/
Source: http://techcrunch.com/2013/12/06/yc-safe/
Why SAFE?
No Maturity Date
Less pressure on startup to raise
further capital in tight timeframe
No Accrued Interest
SAFE is not a loan – founders will not
owe accrued interest
Speed
Very simple terms and quick funding
timeline
Cost
Limited transaction costs due to
standardized forms
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73. RRE VENTURES | RAISING SEED CAPITAL
POST INVESTMENT
So you closed your round and have cash in the bank. Now what? Here are
some way to engage with and get value from your investors:
Monthly Email Update*
Strategy Sessions
Specific Intros
Network w/ Portfolio
Real-time Crisis Mgmt
Share Hiring Plan
*Include what’s going well / not well, key metrics, hiring update, financing update, roadmap, help wanted
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74. RRE VENTURES | RAISING SEED CAPITAL
BEN KAUFMAN
“You should be really fucking
uncomfortable if the money you’ve raised
overshadows the work you’ve done.”
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76. RRE VENTURES | RAISING SEED CAPITAL
SUGGESTED BOOKS
Before you start the fundraising process, reading these books will help
prepare you for dealing w/ VCs and launching your company.
75
77. RRE VENTURES | RAISING A SEED ROUND
SUGGESTED VC BLOGS
•
•
•
•
•
•
•
•
•
•
•
Chris Dixon, A16Z: cdixon.org
Roger Ehrenberg, IA Ventures: informationarbitrage.com
Brad Feld, Foundry Group: feld.com
First Round Review: firstround.com/review
Paul Graham, Y Combinator: paulgraham.com
Semil Shah, Angel: semilshah.com
David Skok, Matrix: forentrepreneurs.com
Mark Suster, Upfront: bothsidesofthetable.com
Tom Tunguz, Redpoint: tomtunguz.com
Hunter Walk, Homebrew: hunterwalk.com
Fred Wilson, Union Square Ventures: avc.com
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78. RRE VENTURES | RAISING SEED CAPITAL
INVESTORS ON TWITTER
As noted earlier Twitter is a good place to engage with VCs and share
ideas openly. Here are some of the most active.
Marc Andreessen
@pmarca
Naval Ravikant
@naval
Kevin Rose
@kevinrose
Chris Sacca
@sacca
Howard Lindzon
@howardlindzon
Mark Suster
@msuster
Chris Dixon
@dixon
Brad Feld
@bfeld
Dave McClure
@davemcclure
Josh Ellman
@joshelman
Jeremy Liew
@jeremysliew
Fred Destin
@fdestin
Vinod Khosla
@vkhosla
David Lee
@davidlee
Keith Rabois
@rabois
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79. RRE VENTURES | RAISING SEED CAPITAL
IN SUMMARY
Raising any amount of capital is never easy. You’ll hear “no” more than
you’ll hear “yes.” For many of you it will be a long but rewarding process.
•
•
•
•
•
•
•
VC is just one financing option to consider
Raise to accelerate growth
Investors come in difference sizes and flavors
Prepare, work your ass off and hustle
The real work begins after you close your round
Take advantage of resources on the web
The real work begins after you raise
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80. RRE VENTURES | RAISING SEED CAPITAL
ONE FINAL THOUGHT
“The magic in business isn’t raising
money but making money.”
-Mark Cuban
79
81. RRE VENTURES | RAISING A SEED ROUND
THANK YOU
• Michael Kim, Cendana Capital
• Anand Sanwal, CB Insights
• Maxim Spiegel, Sterne Agee
80
82. RRE VENTURES | RAISING A SEED ROUND
GOOD LUCK!
Steve Schlafman (@schlaf)
Principal
RRE Ventures
81