Life changing advice for startup founders
One of the most important things for startups and for life in general but kind of underated.
When you asking something whether from the community, investors, friends, from anyone.
Always provide some real value. Before you asking them you should give something valuable and you have to tell what they will get if they help you, support you, just be always specific.
Otherwise you'll get nothing but regret. While providing real value opens almost every door. Use it.
#ask_for_help #networking
@unicornholding
One of the most important things for startups and for life in general but kind of underated.
When you asking something whether from the community, investors, friends, from anyone.
Always provide some real value. Before you asking them you should give something valuable and you have to tell what they will get if they help you, support you, just be always specific.
Otherwise you'll get nothing but regret. While providing real value opens almost every door. Use it.
#ask_for_help #networking
@unicornholding
Template — Asking successful founders for investor leads
Hi, _Successful Founder X_. I am a founder of Y company. We do _one-line description_ and already _one-line best achievement_. See our deck and target investor list linked here.
I am new to fundraising and look for more investor leads in our space. Even the names alone will help, without warm intros. We specifically look for investors writing $XX-$XXXk checks and interested in _some keywords and trends_.
Would you be able to point me to some names? Or chat with me to give advice and vet me first, then (if you like what you hear) share 2-3 names who could be a fit for our round?
#funding #raise_money #investors #template
@unicornholding
Hi, _Successful Founder X_. I am a founder of Y company. We do _one-line description_ and already _one-line best achievement_. See our deck and target investor list linked here.
I am new to fundraising and look for more investor leads in our space. Even the names alone will help, without warm intros. We specifically look for investors writing $XX-$XXXk checks and interested in _some keywords and trends_.
Would you be able to point me to some names? Or chat with me to give advice and vet me first, then (if you like what you hear) share 2-3 names who could be a fit for our round?
#funding #raise_money #investors #template
@unicornholding
What's up guys 😏 If you have a channel in Telegram (except crypto/casino and other scum) leave a message with your channel below 👇 Let's connect
Intensity is the key for successful fundraising
My number 1 mistake in the past was talking only to a *few* investors and connectors at the time. Unless you've made your previous investors rich or have astronomic traction, this doesn't work. Today, to run a successful funraising campaign, a typical startup should operate with the numbers like these:
Cold contact *200 founders* based on your space, demographics, business model
Convert *100 founders* to become your supporters
Source *200 investor leads and intros* from your supporters
Get *70 investor meetings* from your supporters
Get additional *130 investor meetings* from first wave of investors (both investing and passing)
Convert *30 investors* from 200 investor meetings to invest in your seed round
Do all of the above within 2 months. In other words, you will need to communicate with 500-1000 supporters and investors over 50 workdays, or 10-20 calls and chats each days.
If you are doing 2-3 contacts a day, the numbers will rarely add up. If you hope that one ~magical~ connector or investor will _create critical mass_ for you, in most cases, you will end up disappointed. Seed investing has a lot of randomness, you need to talk to a lot of people to fill the round. At the same time, use every contact to improve the pitch. Learn what resonates and what doesn't. Your conversion rates at the end will be much better than at the start.
For Openland, we talked to 200+ YC founders and 140 investors for our seed round. Only 30 investors ultimately invested, all with small and medium checks, without a clear lead investor.
By Yury Lifshits, Superdao CEO
@lifshits
#fundraising
@unicornholding
My number 1 mistake in the past was talking only to a *few* investors and connectors at the time. Unless you've made your previous investors rich or have astronomic traction, this doesn't work. Today, to run a successful funraising campaign, a typical startup should operate with the numbers like these:
Cold contact *200 founders* based on your space, demographics, business model
Convert *100 founders* to become your supporters
Source *200 investor leads and intros* from your supporters
Get *70 investor meetings* from your supporters
Get additional *130 investor meetings* from first wave of investors (both investing and passing)
Convert *30 investors* from 200 investor meetings to invest in your seed round
Do all of the above within 2 months. In other words, you will need to communicate with 500-1000 supporters and investors over 50 workdays, or 10-20 calls and chats each days.
If you are doing 2-3 contacts a day, the numbers will rarely add up. If you hope that one ~magical~ connector or investor will _create critical mass_ for you, in most cases, you will end up disappointed. Seed investing has a lot of randomness, you need to talk to a lot of people to fill the round. At the same time, use every contact to improve the pitch. Learn what resonates and what doesn't. Your conversion rates at the end will be much better than at the start.
For Openland, we talked to 200+ YC founders and 140 investors for our seed round. Only 30 investors ultimately invested, all with small and medium checks, without a clear lead investor.
By Yury Lifshits, Superdao CEO
@lifshits
#fundraising
@unicornholding
Always treat the person sitting next to you with kindness, as in the future, circumstances may change, and you may find yourself in a position of need
Life is full of unpredictability, success and failure are often separated by a thin line. Today, someone may be struggling and experiencing failure, having faced setbacks in multiple startup ventures and finding themselves financially strained. However, tomorrow, they may rise again and create a new successful business, becoming a true visionary. Therefore, it's essential to refrain from offending others and always maintain a kind and considerate attitude. After all, we never know what the future holds.
Life is full of unpredictability, success and failure are often separated by a thin line. Today, someone may be struggling and experiencing failure, having faced setbacks in multiple startup ventures and finding themselves financially strained. However, tomorrow, they may rise again and create a new successful business, becoming a true visionary. Therefore, it's essential to refrain from offending others and always maintain a kind and considerate attitude. After all, we never know what the future holds.
The best founders are always very responsive. I used to wonder why. It indicates decisiveness, focus, intensity, ability to get stuff done. Basically, it's an early predictor for the founder qualities that matter most.
Sam Altman, CEO open.ai
@unicornholding
Sam Altman, CEO open.ai
@unicornholding
From Tulip Mania to Meme Stocks
A Detailed Examination of Financial Speculation Through the Ages
https://genuineimpact.substack.com/p/from-tulip-mania-to-meme-stocks
@unicornholding
A Detailed Examination of Financial Speculation Through the Ages
https://genuineimpact.substack.com/p/from-tulip-mania-to-meme-stocks
@unicornholding
1,000+ Product Manager Interview Questions & Answers
https://ai.productmanagement.world/1000-answers-to-product-manager-interview-questions
@unicornholding
https://ai.productmanagement.world/1000-answers-to-product-manager-interview-questions
@unicornholding