Post by account_disabled on Dec 24, 2023 0:59:36 GMT -5
How to shorten the time between the first contact and the signing of the term sheet People often say that it can take many months from the first contact with investors to the signing of the term sheet. Of course this does not happen all the time. The deal Raffi signed the fastest was in hours for example but he knew the founder for years. He gives two tips to speed up the time between these steps Creating competition. When other investors start looking at your startup the first ones are forced to keep a steady pace of work to be in the right timing This is a good way to speed up the process.
However creating these conditions is not so simple Making yourself known to VCs and maintain the relationship. Raffi advises creating and maintaining a relationship with the investors you are photo retouching aiming for in the long term. Then when it comes to raising funds you will be able to do it faster. How to choose the right investment fund We come to the essential issue raised by Raffi during this meeting due diligence is not just for investors Translation As an entrepreneur you need to learn as much about yourApotential investors as they do about you. Raffi noticed that very few French entrepreneurs have this reflex.
However accepting an investment fund in your board means that you will live together for about to years. Good understanding is a key factor in the success of this investorentrepreneur relationship. At Alven Raffi forces entrepreneurs to call companies in their portfolio to find out especially how the partner reacts in difficult times. surprises What advice would you give to entrepreneurs looking to raise funds Qonto news is also on our social medias Facebook Twitter Linkedin and Instagram. ABOUT THE AUTHOR The Qonto Team Qonto is the allinone finance solution that energizes SMEs and freelancers.
However creating these conditions is not so simple Making yourself known to VCs and maintain the relationship. Raffi advises creating and maintaining a relationship with the investors you are photo retouching aiming for in the long term. Then when it comes to raising funds you will be able to do it faster. How to choose the right investment fund We come to the essential issue raised by Raffi during this meeting due diligence is not just for investors Translation As an entrepreneur you need to learn as much about yourApotential investors as they do about you. Raffi noticed that very few French entrepreneurs have this reflex.
However accepting an investment fund in your board means that you will live together for about to years. Good understanding is a key factor in the success of this investorentrepreneur relationship. At Alven Raffi forces entrepreneurs to call companies in their portfolio to find out especially how the partner reacts in difficult times. surprises What advice would you give to entrepreneurs looking to raise funds Qonto news is also on our social medias Facebook Twitter Linkedin and Instagram. ABOUT THE AUTHOR The Qonto Team Qonto is the allinone finance solution that energizes SMEs and freelancers.