Raising capital

/ 16 Hours ago

It’s very challenging to raise your first round of capitalπŸ’°in the southeast on simply an ideaπŸ’‘

We don’t have the risk tolerance, exits or liquidity …today. πŸ˜ƒ

That’s changing quickly for many reasons but let’s focus on the founders that did raise capitalπŸ’°

I’m impressed by some amazing 🀩 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 I’ve seen in these founders. πŸ‘‡πŸΎπŸ‘‡πŸΎπŸ‘‡πŸΎ

The founder:

Built their network of investors and customers very early on, sometimes before founding their company πŸ‘πŸΎ

Is building their 2nd or 3rd company and has already learned from past mistakesπŸ‘πŸΎ

Has taken the time to build the right product, bootstrapped and has paying customers for the last 12-18 monthsπŸ‘πŸΎ

Graduated from a notable accelerator with a solid angel networkπŸ‘πŸΎ

Tells a great story, is humble, coachable and is resilient because they can take negative news with strideπŸ‘πŸΎ

As an investor, what other qualities have you noticed that makes a great founder?

#founderΒ #entrepreneurΒ #raisingcapitalΒ #angelinvestorΒ #seedroundΒ #Atlanta

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