As a first-time startup founder, fundraising can seem overwhelming. Many have gone through the process without too much knowledge about who to raise funds from, and how to go about the process — particularly as it relates to the Indian ecosystem.
In this podcast, Abhinav Chaturvedi from Accel demystifies fundraising and addresses most of the questions that are probably going through your mind as a first-time founder. Here are the topics covered:
Picking who to raise funds from.
When should you start the fundraising process for your startup?
When is it a good time to go to an Angel investor as against an institutional investor?
What’s the best way to reach your top investor choices?
What are the common avoidable mistakes that first-time founders make while figuring out who to raise funds from?
Different types of companies — B2B versus B2C, and any advice on how they should think about funding differently?
Tips on the fundraising process
What are the top reasons investors are compelled to invest in a particular startup?
What are some of the best pitches Abhinav has heard and funded — what stood out in those pitches?
From the first pitch to getting to a term-sheet —what to expect, what happens behind the scenes in a VC fund?
What are the common avoidable mistakes that first time founders do in the fundraising process?
In the next two episodes, we will hear from a couple of entrepreneurs who have gone through this fundraising process a few times, and tips from them for a first-time founder. If there are any specific questions that are top of mind for you, please comment below or tweet us at @Accel_India
Anand Daniel is a seed/early stage venture investor with Accel Partners.
(Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views of YourStory.)