Questions

If you feel you're ready to raise a seed round, there are a handful of seed stage funds that like to lead deals. Here they are in no particular order:

Harrison Metal
Homebrew
Floodgate
Felicis
Freestyle
SoftTech
Baseline
MHS
Fuel Capital
First Round
Boldstart
True Ventures
CRV

You want to figure out how to get meetings with Partners at as many of these funds in the most concentrated period of time possible. The concentration of time matters significantly. The worst thing you can do in a seed raise is have time drag on, as it's a negative signal and decreases your leverage.

In terms of how to get access to partners, the best way is through someone they know and trust, probably the easiest way is through companies they have already invested in.

But here's the mistake I see time and again: Entrepreneurs often don't fully research each investors' portfolio looking for potential conflicts or similar companies that have failed. Look closely and only approach the investors where you know there's no conflict or "dead bodies."

From a process perspective, if you don't get a follow-up from them within 2 weeks, you should consider them a pass, unless they set expectations of a longer time-frame and the next step should be a partner meeting or meeting at least one other partner in the next meeting,

Hope this helps.


Answered 9 years ago

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