What are the basics of startups fundraising strategy?

by SMEBOOK (admin) · January 18, 2021

The basics of a fundraising strategy involve:

  • Understanding your value: Before devising a fundraising strategy and long before funding begins, it is crucial to perform a valuation of your startup.
  • Establishing goals and setting a time limit: Setting cogent, achievable, specific, assessable and time-bound aims is crucial for contriving an effective fundraising strategy.
  • Perform research on your investors: More often than not, investors do their due diligence on you and its essential for to do the same. Both you and investors are assessing one another.
  • Along with knowing who you’re raising capital from, it’s essential to know what amounts you’re looking to raise from them.

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What are the basics of startups fundraising strategy?

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