How often do investors take a meeting with companies that they have rejected when the company was in its early stages?
It happens, but it’s not typical, given their limited time and the large number of companies they need to process in order to find the “keepers”.
Things that increase their likelihood of being open to another meeting after having previously passed on an investment:
- A case where the entrepreneur was specifically asked to “come back after they have more traction.”
- A major, public, positive event affecting the company
- A significant change in stage, if that was one of the stated reasons for passing (such as “we only invest in post-revenue companies”)
- A direct re-recommendation from a highly trusted source who is aware of the earlier pass and recommends a re-look
- A case where the investor loved the entrepreneur but was skeptical about the business, and something has now seriously changed or been de-risked.
*original post can be found on Quora @ http://www.quora.com/David-S-Rose/answers *(No tags for this post.)
Written by David S. Rose
You might also be interested in
So you’ve developed a game-changing product, formed a business with a killer team, quit your job, and are rolling the product out to market. Your business is the next unicorn, and all is good in the world. Fantastic. Now only one thing is inhibiting your company’s growth: you have no money.
For many founders of high-growth startups, bootstrapping has limits.
With startup growth up 61% since 2014 and more investment programs emerging, it can be overwhelming for founders to know just where to jump in. As the most startup-friendly accelerator on the planet, MassChallenge has helped 835 startup companies around the world, who have raised over $1.1 billion in funding and created over 6,500 jobs. We have seen startups at
Kathryn Schifferle, Founder and CEO of Work Truck Solutions, turned being a woman in work trucks into an oversubscribed $2.1 million round.
We sat down with Kathryn as she shared what her fundraising journey was like, the startup lessons she learned, and her advice to fellow founders, especially women. Here is what she had to say:
Update 2017: To help you understand how your startup will look to investors according to this methodology, we’ve created a fundraising feedback tool that will give you investor-level insight into your startup’s performance. In just about 15 minutes, it will tell you how much money your startup is likely to raise, where you can find that capital, and what to
How to Make Your Gust Account Stand Out to Investors
Before you read any further, I want you to know that I’ve personally used Gust to raise money for my first tech startup. I know a lot of other entrepreneurs who use or have used Gust to seek funds, but their profiles don’t always get attention from investors. Below are