Itβs very challenging to raise your first round of capitalπ°in the southeast on simply an ideaπ‘
We donβt have the risk tolerance, exits or liquidity β¦today. π
Thatβs changing quickly for many reasons but letβs focus on the founders that did raise capitalπ°
Iβm impressed by some amazing π€© Atlanta founders who have raised angel, seed and super seed rounds in the last 6-12 months totaling over $7m from local, regional and national investors.
The common themes Iβve seen in these founders. ππΎππΎππΎ
The founder:
Built their network of investors and customers very early on, sometimes before founding their company ππΎ
Is building their 2nd or 3rd company and has already learned from past mistakesππΎ
Has taken the time to build the right product, bootstrapped and has paying customers for the last 12-18 monthsππΎ
Graduated from a notable accelerator with a solid angel networkππΎ
Tells a great story, is humble, coachable and is resilient because they can take negative news with strideππΎ
As an investor, what other qualities have you noticed that makes a great founder?