126 investors turned me down during my first fundraise 😤
A few years later, we received 12 term sheets in 9 days fr Founders Fund, Kleiner, Lightspeed & more, raising $48 M.
3 things I learned:
- Do not pitch investors the same way you pitch customers. Big mistake.
- Raise when you can, not when you need
- When fundraising, give it 100%. When you’re not, give it 0%.
I’ve now raised $120M and will share the worst & best learnings over next few posts!
What fundraising question should I answer first?