The funded on funding
This came by way of a good recommendation. If you’re in the middle of fundraising or about to start the process, take ten minutes and watch Henrik’s talk. If you don’t have time to watch, I’ll out line his talking points here:
1) Find a mentor
2) Go to Silicon Valley (don’t stay)
3) Negotiate hard
4) Build relationships
Raising capita is time consuming, especially if you haven’t done it before. And as Mark Suster points out, raising VC is not right for every startup. Sometimes you may think VC is for you, but that doesn’t mean VCs think VC is for you. Pandora was rejected 300 times before signing a terms sheet. 300 times.
Enjoy the talk, here.
