As developing a new product is time-consuming and unpredictable, the ability to seek more funding is vital to startups. The process of searching, applying and pitching could be tedious and overwhelming. Berlin-based VC firm Point Nine Capital has listed nine rules to abide in order to be more effective at fundraising. These nine points can be divided into three core strategies. Follow them to increase your chance of success.
Strategy No.1: Knowing your secret weapon, the battlefield and the targets
This is the secret weapon you have been dreaming about for months or years. I know you can describe it at length but you need a concise description for the future investors. Make the answers to these questions short, special and memorable: