venture wednesdays - fundraising 101

@BEAGLESLOFT #VENTUREWEDNESDAYS

A PLAYGROUND FOR

ENTREPRENEURS, ENGINEERS AND

DESIGNERS

VENTURE WEDNESDAY

S

TECH BUILDERS RE:DESIGN

VENTURE WEDNESDAYS

GOAL

CREATE AN ECOSYSTEM IN BANGALORE LIKE SILICON VALLEY OR

NEW YORK

EDUCATE ENTREPRENEURS IN

FUNDRAISING

INCREASE THE AMBITION OF STARTUPS

IN BANGALORE TO BUILD GLOBAL

COMPANIES

PROGRAM

BLOG POST EVERY WEDNESDAY

EVENT ON SECOND WEDNESDAY OF EVERY MONTH

PANEL DISCUSSION AND ONE STARTUP PITCH

FUNDRAISING 101

VCs

PRAYANK SWAROOPACCEL PARTNERS

NAGARAJA PRAKASAMANGEL INVESTOR

GAUTAM MAGOSEQUOIA CAPITAL

1.1 THE PITCH

A PROCESS OF TRIAGE – FOCUS ONLY ON WHAT MATTERS

SEED CAPITAL

MARKET SIZE

TEAM

PROOF OF

CONCEPT

PROOF OF CONCEPT

WIREFRAME SEVERAL ITERATIONS BEFORE WRITING A SINGLE LINE OF CODE

TOOLS ARE YOUR BEST FRIEND

MARVEL APP

POP APP

INVISION APP

PROOF OF CONCEPT

FOCUS ONLY ON BUILDING THE CORE FEATURE FIRST(DON’T WORRY ABOUT THE BELLS AND WHISTLES)

TEAM

STARTUPS ARE HARD. FIND YOUR FOXHOLE BUDDY

TEAM

BE EXCEPTIONAL AT ONE THINGOUTSOURCE THE OTHERS

ANDY RACHLEFFCEO, WEALTHFRONT

MARKET SIZE

THE SIZE OF THE MARKET THAT YOU ARE DISRUPTING IS VERY IMPORTANT

VENTURE CAPITAL POWER LAWA LOT OF STARTUPS FAIL, BUT THE ONES THAT

SUCCEED BETTER BE WORTH IT

Avg. Value of a meal*

6,390

Online Bookings per year, per restaurant

60,000$16.36 Billion

No. of Restaurants taking online bookings in North

America**North American Restaurant Market

$42.5

MARKET SIZE: HAGGLE

1.2 CONTACTING VENTURE

CAPITALISTS

REFERRAL IS THE BEST WAY

VCs HAVE TOO MUCH DEAL FLOW

IF YOU CAN’T EVEN GET A REFERRAL, HOW WILL YOU DEFEAT YOUR MEAN, SUPER COMPETITIVE COMPETITOR

DO YOUR RESEARCH

STRONG MUTUAL

CONNECTION

QUALITY OF REFERRAL

PITCH MEETING

1.3 THE PITCH MEETING

CAN A TALENTED FOUNDER BECOME A GREAT CEO WHO WILL FIGHT ALL

ODDS?

ASSESSING YOU

IS IT A BIG ENOUGH OPPORTUNITY

OPPORTUNITY SIZE

WHAT IS THE REAL INNOVATION?

THE IDEA/PRODUCT

1.4 AFTER THE PITCH MEETING

THE TERM SHEET(NEXT EVENT)

DUE DILIGENCE

1. DON’T LIE IN YOUR PITCH DECK

2. DON’T EMBELLISH THE NUMBERS

REFERENCE CHECK

GET SOMEONE WHO KNOWS YOU WELL AND CAN GIVE EXAMPLES OF YOUR LEADERSHIP TO GIVE YOU A

REFERENCE

NEXT EVENTAUGUST 13

TERM SHEET

@BEAGLESLOFT #VENTUREWEDNESDAYS