By Josephine Pulver Vice President, Co Founder At Guard Grabber Technologies Inc.
Conventional Wisdom To Funding Says Silicon Valley Is Where To Start.
Before you begin your Venture Capital journey to grow your business. There are a few things you may want to know.
Funding Takes Time.
One of the most important accomplishments to any fund raising
campaign is to create a robust online presence. Any marketing campaign
takes time before results are seen and gaining customers long before
your fund raising
starts demonstrates you have traction. A very important part of the
equation for any VC is that your company has the potential to greatly
expand. If your company is making money in one city it is safe to say it
will make money in others cities.
Raising Is A Ongoing Process.
new capital will continue for your rapid expansion into new markets and
caution must be applied when your burn rate is outstripping the runway.
Simply put spending more money than what is coming in is unsustainable.
plenty of company's big and small that have been sidelined by this
approach. It is important to remember that VC money is not your money
and should not be spent without a return on investment as the priority.
This will keep you from becoming sidelined and will certainly make it
easier for you to raise more money when you move from your initial seed
raise to your series A funding.
Venture Capital Is Not for Everyone.
are going to give up some part of your company and that can make you
feel good or not so good. All VC investors are looking for the big
payoff through your exit. So they are placing their bets that you will
knowingly give up control through an acquisition. This makes it
important for you to plan your end game exit before you begin excepting
their money. Knowing the life cycle of your company will help you make
the right decisions.
Following The Meeting.
your pitch deck has been received well and your meeting has been
concluded. The obvious is to send a thank you email with a business plan
showing why the tech you have built is truly unique. Seeing that VC
funding is your goal with joy you receive notification of contract and
subsequent spreadsheets are agreed upon. Creating documents allowing for
the first funds to be transferred and deposited into your company bank
The One Million Dollar Round.
Technologies Inc. was licensed to do business in the State of California
on July 3, 2018. The Guard Grabber app launched live at TechCrunch in
San Francisco on Sep 6, 2018. Guard Grabber is now closing in on one
thousand service providers throughout the State of California and will
expand Nationwide in 2019. With an update including other categories
Legal and Home. Photo by TechCrunch at Moscone Center, San Francisco,
Meet The Team In The Photo.
Co-Founder Josephine Pulver with President-Founder Eugene Pulver and
Cheif Executive Officer David Pulver. Your welcome to visit us at https://www.guardgrabber.com
Download the Guard Grabber App and Live Life Well Protected.