Confidence is King #shorts
11 Apr 2024 · 1 min
0:38
A startup founder's guide to fundraising: confidence attracts investors, but honesty about where you are in the process matters just as much. Land a term sheet and use it to get more.
A startup founder's guide to fundraising: confidence attracts investors, but honesty about where you are in the process matters just as much. Land a term sheet and use it to get more.
The moment you get a term sheet, man, the founder gets cocky, like, right? I'm like, why don't you have that confidence before? Think about it, like, the moment someone says yes, all of a sudden all the other investors come in. Like, so again, that goes back to day zero. Come with confidence. And oh, the last thing is, um, whatever's happening in the round, tell the truth of one behind self. When you say, "How long have you been pitching?" I just haven't talked to many. I've already started talking to people. Once I go second, third meetings, you ask me, "How far along?" Oh, we're just still setting up first meetings.
