How to create an effective fundraising strategy for your startup
Techpoint Africa | Chimgozirim Nwokoma - Aug 28, 2024
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- Understanding VC math and the criteria for venture capital investments
- Having a decently valued startup and a solid founding team
- Showing growth and having a clear path to exit
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Fundraising is a crucial aspect of startup success, and having a well-designed strategy is essential. Understanding the expectations and criteria of venture capitalists, building a strong team, showing growth, and creating visibility through social media and events are key factors for success. It is also important to start raising capital before it becomes an urgent need and to persevere in the face of rejections, treating fundraising as a numbers game.
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