Advantage of Sending the Pitch Deck in Advance

Hello, this is Hall T. Martin with Startup Funding Espresso -- your daily shot of startup funding and investing.

Investors often ask for a pitch deck in advance of the meeting.

Here are the advantages of sending the pitch deck ahead of time.

The investor has time to review the deck and prepare for the meeting.

If the deal is completely out of scope for the investor, then canceling the meeting saves everyone time.

It creates another touchpoint for the founder with the investor.

It's an opportunity to engage with the investor even if it's only on email.

Increases the productivity of the meeting as the investor comes prepared, knowing the basics.

The investor has time to research the market or the technology space to understand how the startup fits within it.

The meeting brings additional elements to the pitch as follows:

It shows the enthusiasm of the founder.

It highlights the skill of the team through answers to the investors' questions.

Consider sending the pitch deck in advance for your next investor meeting.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
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Making Money as an Angel Investor

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Angel investors are high-net-worth individuals who invest in startups for a profit.

They make money when the startup exits by selling the business to another company or going public.

The vast majority of exits are through sales to another company.

The challenge for the angel investor is that most startups will fail or turn into lifestyle businesses.

A lifestyle business means the founders make a nice salary, but there's no exit for the investors.

Angels come in early on the business and so must wait the longest to receive a return.

Angel investors look for startups that are just entering the market, as the valuation is still fairly low.

They come in when the startup initially gains traction.

They look for product and market validation.

The product works, and customers will pay for it.

With this information, they fund startups with the hopes that the company will see an exit in five to seven years.

They suffer dilution when additional capital comes in.

Consider these points as an angel investor on how to make money from it.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_______________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.

The First Call With an Investor

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

The first call with an investor is an important one, as it sets the stage for follow-up calls.

Here are some key steps to take in the first call:

Keep the conversation two-way rather than letting one side or the other monologue.

The founder doesn't learn anything about the investor if the founder talks the entire time.

Use questions to guide the conversation so it's productive.

The purpose of the call is to inform the investor about the fundraise and learn more about the investor's interest and experience.

After each portion of the pitch, ask for feedback from the investor about their impressions.

This could be about the problem to be solved, the solution offered, or other.

Ask for advice at key points to engage the investor and potentially learn something new.

Explore the investor's diligence process so one can prepare for it.

Finally, check interest on the part of the investor.

See what level of interest the investor has.

This will help rank-order investors by interest level.

Consider these steps in engaging the investor for the first time.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_________________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.