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Raising Money Using Customer Development

Steve Blank

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions. Can it scale?”

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How would you break down the process of raising an angel round of investment in 5-10 steps?

Gust

You should know EVERYTHING about your business, product, customers and competition. You should have a crystal clear understanding of your business model and your financials. Understand what investors are looking for , what they usually invest in, and why. Your goal in all this is to try to find a lead investor.

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ProfessorVC: Watch Out for the Red W(h)ine

Professor VC

I have been following the rallying cry of entrepreneurs with some amusement over the past couple of weeks in response to a blog post by Jason Calacanis, " Why Start-ups Shouldnt have to pay to pitch angel investors." In how many of those were you a lead investor? Labels: angel groups , Angel Investors , fundraising.

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Startup Resources

www.vccafe.com

List of Angel/SuperAngel Investors for entrepreneurs. Venture Hacks Angel List â?? raise money with angel investors. Guide to Super Angels -Â Chubby Brain. broken vc model. Business Culture. Business Model Canvas. Business plan. business symbiosis. Due Diligence.