10 Strategies to Raise Your First Round of Capital by Jenna Abdou

There’s no greater feeling than when you stop holding your breath the instant your team makes the game winning play. The best Sundays are the ones when RG III throws a Hail Mary on 1st down or Alfred Morris sneaks in the end zone to tie the game before half time. These plays are game changers; The moments that switch a gut wrenching L to a proud W.

Just like the Redskins players strap on their helmets after a trying series, it’s important for startup founders to cultivate short term memory when raising capital. Although they don’t run the risk of a JJ Watt sack or a Richard Sherman pick six, founders face a similar feat to athletes when pitching investors. 

As the countdown to NFL kickoff nears 27 days, we identified founder tips on fundraising to help startup entrepreneurs play the field and keep track of their wins and loses. 

Here are 10 insights to raise your first round of capital from YPlan’s Rytis Vitkauskas, SpoonRocket founders Anson Tsui and Steven Hsiao, and SharkTank success Josh Hix

Leave us a comment or tweet @33voices with your best advice to raise capital and we’ll send you a batch of raw power bites to fuel your next meeting! 

Further Reading
  • Michael Serbinis: What I've Learned — Visionary Entrepreneur, investor and CEO and Founder of the new healthcare startup, LEAGUE, Michael Serbinis shares what he learned building three disruptive startups, selling two of them and working with Kimbal and Elon Musk.
  • WeFestival Aims to Make Women Stronger Entrepreneurs — Since launching in December 13,000 messages have been sent across 22 channels in the Women’s Entrepreneur Festival Slack community. Ranging from questions about beta-testing to fundraising, or simply asking for advice, the community thrives on WeFestival’s founding mission to fulfill women’s unique need to connect and be heard.
  • Female Funders Accelerates Change for Women Entrepreneurs and Investors — When Katherine Hague made her first angel investment, she was one of two women in a round of 70 investors. “It seemed like the deal had gone through an old boys network that women were excluded from,” she says. “It revealed an incredible opportunity to break through these barriers and expose women to investing.”

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