How to Key into AngelList Time Financing Service
Time financing service: If you need to raise funding for your start-up, AngelList can be a great way to get in touch with investors. Keep reading for tips on how to make your profile stand out so you can get the money you need for your company!
Time financing service
Clearly state your fundraising goal. Be up front about how much you want to raise in your current round of fundraising. It will be a waste of time and resources for both you and your potential investor if you are asking for something they aren’t willing to give. You should have already spent time determining your goals for your initial investment round while creating your business plan, but double check to make sure that you aren’t over- or under-reaching.
Use all four markets. You can choose up to four markets with which to describe your company. Investors following those markets will be able to come across your startup more easily, so it is wise to utilize all four.
- Don’t create a new market! If you create a new one, no investors will be following it, and it can prevent potential investors from finding your company.
Time financing service
Choose a semi-broad location. Many investors like to invest in local companies, and will search for companies in their area. If you make your location “Redwood City” for example, you may be preventing investors located in a slightly wider radius from finding you. A better strategy would be to list “Bay Area” or “Silicon Valley”, but take care not to go too wide – “California” will not give a clear idea of where you are located.
Add every member of your team. Your team’s network will be notified when you add them to your company, which will increase the number of people who visit your profile.
Time financing service
Ask your current backers to join AngelList. By having them follow and endorse you, you show the Angel network that some people have already found your company worth investing in. Companies with an existing base and traction tend to do better than companies with no following.
Time financing service
- Contacting investors randomly is not only a waste of time and energy, it can reflect badly on your company. Showing that you have done your research on each investor and have chosen them specifically because of their experience and interests will show strategy and intelligence that will make you stand out as a success.
Time financing service
Create a list of “Target Investors”. These should be investors in your sector that have invested in similar companies in the past, have experience in areas you are lacking, and have the resources to give you what you need.