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To begin with, it is important to understand some basic facts about the world of entrepreneurial finance: There are many more entrepreneurs than there are investors, with the result that only one company out of every 400 that seeks venture funding actually receives it. One of the primary ones is the referral source.
Several conversations over the last month have turned to the topic of helping entrepreneurs. My suggestion to you as a prospective mentor is to align yourself with a program where there is some thoughtful curation of the matchmaking process that adds needed bias in favor of the best possible pairings.
Just as you look at dealflow as a funnel, a good CEO disqualifies and moves on. If you’re an associate then most of your work is on dealflow and analysis. If an introduction was properly curated (meaning double opt in) then you need to treat it with great care. A good CEO is likely a sales person by nature.
I’m also a fan of focused investment strategies – they allow you to build expertise resulting in better investment decisions and better dealflows as entrepreneurs seek out your expertise. Proprietary product or uniquely curated experiences. Operational excellence. I couldn’t agree more.
As a lawyer I had been discovering France’s tech ecosystem and dealflow to see how technology commercialization works in France?—?with It turns out that what I was doing all along as a francophone/francophile lawyer building connections across France and Texas, and working to support French startups and connections in the U.S.,
The DealFlow Session. The model that’s worked consistently is the dealflow session. Dealflow is a specifically targeted, curated, matchmaking session between a problem area for a large, Fortune 100 company and the startup ecosystem. That’s all great in theory,” I told Will.
Techstars, the worldwide network that helps entrepreneurs succeed, announced the 10 startups selected for the 2020 class of Techstars Austin. This will be followed by an Investor Week starting March 9, where Techstars Austin will curate meetings with investors from all over the United States. billion.
If you're putting yourself out there that you invest for a living and you want to see deals that fit into a certain criteria, then you should be willing to see those deals. We should be willing to go through the firehose of crappy deals in their inbox for the money we make. In today's world, who *isn't* connected to you somehow?
Over the last year or so, I’ve been writing about tactical fundraising to try to help new entrepreneurs with their seed rounds. Everywhere I go — whether it’s here in the Bay Area or on the road — entrepreneurs tell me that it just takes so much time to connect with investors. This means that the attendees will be highly curated.
The event presenter, FUND, is a national connector of entrepreneurs, VCs, angel investors, and industry experts with a focus on dealflow and making connections. We curate and aggregate a collection of talented made-to-measure designer brands who showcase their garments in our integrated marketplace platform.
Those trips are a blast to be able to meet so many amazing driven entrepreneurs, but I realize it’s my family who ends up picking up the slack at home in order for me to do this. 4) My Rejectionathon supporters This year I started a half-day event called Rejectionathon to help entrepreneurs get over their fear of rejection.
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