Questions

Looking for guidance for where I can find investors for my app?

Hi I'm looking for investors in mobile apps. We are starting to see positive ARPU of about $0.20 which is good. I was wondering if anyone can help me to find investors?

3answers

As Ken suggested, there is a wide breadth of mobile offerings and although there are some great "mobile only" funds, each investor / fund has their own thesis that makes them interested in some but disinterested in others.

Also, if your revenue generating, you should seriously consider bootstrapping further. Revenue is treated very strangely in early-stage investing and *might* work against you.

AngelList is a great way to research investors but not effective in actually connecting with them.

Find investors who you are confident will be passionate about what you're doing based on prior job experience or what you know they are investing in.

Happy to talk in a call to help explain this further if you need more clarity.


Answered 7 years ago

First you need to do your research and think what is your strategy to approach them. You can find a trick I wrote here:

https://medium.com/@JDcarlu/1-trick-to-get-a-vc-bd36f9dbff5b

Apart from this, you could use Mattermark intelligence tool to find investors that have funded similar companies. (Its free for 30 days) Hope this helped :)


Answered 6 years ago

What kind of app is it and how are you measuring ARPU? Typically ARPU is average revenue per user per month. Depending on the type of app or game you are, there is a different standard. For example, casual mobile games tend to have $1-$2 ARPU while mid-core games like Clash of Clans has $8 ARPU.


Answered 7 years ago

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