What was the biggest challenge you've encountered during your fundraising process?
Alex Briukhovetskyi
15 replies
For those who have successful or unsuccessful experience raising Pre-Seed, Seed, Series A rounds.
Replies
Alice Rodgers@cn__katie
endless pitching and outreaching 🤯.
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Biggest challenge is to stay excited when you hear "no" for 10-20-30 times in a row. The important concept to grasp is that you need only 1 "yes" 🙌
@alex_briukhovetskyi1 Series A - unfortunate timing, losing a big customer/partner midway through agreeing terms. We had to hustle super hard to prove that the customer wasn't as important as they looked, and that strategically we were better off without them. The data did support us in the end though, and 2 years later we haven't looked back :)
nothing much
finding that YES in a sea of NO
no idea from where to start.
Top most challenge is to stay when hear no 10-30-40times in a row . The important concept to grasp is that you need only 1 yes
Knowing when it's the best moment to raise and planning the size of the round.
Finding the right partner for your company, who shares the same vision.
Finding exactly. Who is interested in funding .
Requiring a client in a B2B space where the sales cycle was too long
When about to show to world your extraordinary art will minted, all hope crushed by single word, GASES. Other understandably languages?Taxes!
The catch-22 of promoting your fundraiser to generate funds to promote your new service.