Iuliia Shnai

Fundraising is doing everything to get “NO” as fast as possible. Here is what I did to raise first 💰

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I was fundraising for the startup before and I think it is one of the hardest things I did in a startup. As you obviously wearing a lot of hats and have many roles. I had a process which I built similar to the sales process: Outreach ways: 1. Finding the leads ( investors, via connection) 2. Doing outreaches via email 3. Building the connections via LinkedIn 4. Finding more experienced founder with startup in similar field ⭐️ First touch: 1. Sending the deck and track results 2. Follow up 3 times to get my respond 3. Analyzing how investor look at the deck Second touch: 1. Share the updates 2. Improve the deck 3. Get onto call Next touch: It was already rare, and only if you proceed. 💁‍♀️Some overal tips: 💡Trying to get “NO” as fast as possible on each of this step by asking questions. 💡Follow up 5-7 times to get fast results. 💡Always ask when a person responds to me. 💡Finally we fundraised the angel round, but it was super hard. 💡 Be concise and imagine explaining to your parents the startup ( everyone love simple) Now launching Papermark to help you share Pitchdeck and build relationships with investors https://www.producthunt.com/prod... Anyone fundraising? What process and challenges you have?

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Ankit Gupta
@luliia Shnai How many 'NO's before you got Angels' on board?
Ankit Gupta
Congratulations. Thanks for the tips. Did you have an MVP before fundraising?
Samuel Bodin
Love the idea of productising this. 🚀
Joseph Lee
We just raised and did a guest post on Failory :): https://www.failory.com/blog/fou...
Iuliia Shnai
Excited to hear your story:))
Maali Baali
"I didn't have a lot of experience in fundraising, but I was willing to put in the work. I read every book I could find on the subject. And I networked with other founders who had raised money successfully."