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5 Comments

How to find investors?

Hey peeps!

Does someone have any experiences on how to find investors?

on September 6, 2021
  1. 1

    Try to find similar projects and analyze who already invested on them. Then create a list of potential investors, prepare your materials and analysis -> send them email OR contact them via LinkedIn (VP-level Managers and Directors). When you have first valuable feedback it will be easier to find the right investor(s) :)

  2. 1

    If you are looking for SaaS investment, make sure you are familiar with the pros and cons of each funding source: Angel Investors, VC, RBF, Bootstrapping and Crowdfunding. With individual VC firms receiving more than 1,000 proposals a year, the investors are picky as a result, which means you’ll have to make a strong case or risk losing out.

    Here's how to approach an investor:

    1. Do research on your investor’s history in the industry: recent investments, projects, interests.

    2. Get an introduction, set up a meeting between you and the potential investor, attend SaaS-related events.

    3. Create a business plan, which should include:

    • An executive summary outlining your company's mission statement and a clear description of your products or services.
    • A company description outlines your business goals, your target market, and the solutions you can offer them.
    • A market analysis highlighting your business’s strengths and how these compare to competitors.
    • A clear description of your team, including their roles and responsibilities.
    • A marketing plan showcasing how you plan to budget for advertising, target the right customers, and successfully promote your product via various channels.
    • A sales plan that documents sales reps needed, along with plans for onboarding sales staff or outsourcing these services.
    • A request for funding stipulating the size of the investment you need and how you’ll use the capital you’ve raised.
    • Financial projections showing the financial goals you’ve set for your business. Make sure you base these on market research.

    Get a hang of your start-up with our guide on how to find, attract and secure your startup funding here: https://bit.ly/3jfVzR9

  3. 1

    Hey Giancarlo, that's a question you could write essays about 😂

    Some random thoughts/advices about the topic:

    • First build a MVP and get some users. Numbers always convince investors best.
    • There are three types of investors: Friends/Family; Angels; VCs – It's the best you read about use-cases for all of them. They should be considered in that exact order.
    • Not every startup is relevant for venture capital. Does you product has the potential to be values at 10bn in 10 years? No? VC-money isn't the right way for you.
    • You should also always think about if it's possible to bootstrap your project (building a startup without investor money). That really pays off in the long run e.g. if you plan an exit and don't have to give away anything of the money :)

    Good luck on your journey. What are you planning to build?

    1. 1

      Thanks for the advice.
      I think my project is going to be too complicated to manage by myself.

      I wrote about my idea in this post. Let me know what you think about

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