We have over 50 angel investors that have signed up on our launch page. Does that mean that they are really interested in the company? Is this something angel investors do on a regular basis or are the investors seriously interested in the company? Should I contact each investor asking for a meeting or simply treat them like users? We are not necessarily ready to fundraise yet as we want to wait until we build some tangible traction first.- But if we get a good offer for our seed round, we will take it.
I try to give you an answer as angel investor.
1) "Does that mean that they are really interested in the company?"
It only means that type of your company is relevant to field of interests of particular angel investor.
2) "Is this something angel investors do on a regular basis or are the investors seriously interested in the company? "
People invest money to get more money. If you want to make money, you need to study asset which you plan to invest in.
Usually amount of VC money on market is greater than amount of good projects. So you need to study hundreds and thousands to find something really valuable.
3) "Should I contact each investor asking for a meeting or simply treat them like users?"
Usually investor wants to understand how your company/service works. What kind of user experience you can provide with.
SO, yes. You should treat them as general users.
And one more advice.
Think about customers, product and your business. Not about VC. Customers build your company and pay you money. Not VC.
Answered 9 years ago
Yes, I'd contact them one by one. The best time to raise money is when you don't need it. And most investor relationships take awhile to ripen, so to speak, so if you start nurturing those relationships now, then you'll be in a good place with the investors when fundraising becomes a priority.
It can't hurt to reach out along these lines: "Thanks so much for your interest! Were you just checking everything out? What do you think? Let's schedule a time for me to walk you through the current iteration of the product. How about next Tuesday at 9am EST?"
I guess what I'm saying is that why these investors signed up really doesn't matter. You need to build your investor pipeline regardless. And they're making it easy for you!
Hope this helps,
Answered 9 years ago