Isabelle Kenyon always knew she’d be an entrepreneur.
However, she didn’t know that the inspiration for her business would come from someone so close to home: her mother.
When Isabelle’s mom asked for help losing weight, the pair learned they didn’t need to rely on fad diets or low-calorie cereal bars for weight loss. They could turn to medically-trained doctors.
“Who knew there were doctors who could help you lose weight?” Isabelle says. “Then the doctor talked about GLP-1 medications. And again, surprise: Who knew there were medications that could help you lose weight?”
This is a really good series you are putting together on pre-seed fundraising- nice work! :)
I would love it if you consider two of our "passion projects" for your Resources list.
1) our "How I Raised It" podcast, which has 190+ deep-dive interviews with founders and how they raised their round(s) https://itunes.apple.com/us/podcast/how-i-raised-it-podcast-where-we-interview-startup/id1339849737?mt=2
2) Our www.foundersuite.com platform which is a full CRM for managing your investor funnel + bonus tools like pitch deck hosting, investor updates, investor updates, etc. We have 2,000 MAU startups using it :)
Thanks for the consideration, I look forward to more in this series. If there's any thing we can help with or contribute, hit me up (nathan at Foundersuite.com :)
Pitching to investors can be intimidating.
These are the people who can determine the future of your business, and you’ve got plenty of competition.
So how do you set yourself apart? Make your presentation memorable. You need a pitch deck that’s going to grab their attention and convince them that your business is worth the investment.
I’ve seen about 5,000 pitch decks, and I’ve probably created a few hundred myself. I recently used my experience to give a presentation on creating memorable pitch decks for Visme. …
When the government suspended student loan payments after the COVID-19 pandemic hit the U.S., many breathed a sigh of relief.
For Michael Bloch, that decision upended his entire business.
When Michael founded Pillar, it was originally meant to be a tool for tackling student loan debt. But after repayments were suspended, Michael “saw the writing on the wall” and reconsidered Pillar’s mission.
He came up with a new idea: Turn Pillar into a “digital vault” for families’ most important information, like medical records, financial accounts, and legal documents. Even though Pillar had already raised $5.5 million in a seed round…
What’s your exact customer profile? You’ll need to be able to answer this question very well in order to convince investors to take a chance on you. Jack Conte, co-founder and CEO of Patreon, learned this lesson when he started trying to raise capital. Fortunately, the fact that Jack himself is an ideal Patreon user worked in his favor.
As a musician, Jack posts his work on YouTube. His videos garner an impressive average of one million views. Seven years ago, he decided to create a music video that included manufacturing a singing robot. …
What’s the key to raising capital? According to Turing co-founder Jonathan Siddharth, it’s breaking the traditional fundraising mold.
Prior to launching Turing, Jonathan and his co-founder, Vijay Krishnan, founded another company called Rover, for which they employed the more standard fundraising approach, which Jonathan refers to as serial fundraising. With this method, they first dedicated 100% of their time to building out the company completely. Then, when they had about eight months of runway left, they transitioned 100% to funding mode.
After Rover was acquired in early 2017, Foundation Capital asked Jonathan and Vijay to be entrepreneurs-in-residence. While there, they…
Joseph Woodbury isn’t afraid of risks. It’s quite the contrary, in fact.
Taking well-thought-out chances is exactly how he and his two co-founders — Preston Alder and Colton Gardner — launched and raised money for their startup, Neighbor, an online marketplace people can use to store their items.
Before college graduation, all three had secured full-time jobs. But, plot twist: They ended up turning down their offers, choosing to dive full force into making Neighbor into something big.
The idea for Neighbor came from Preston, who became frustrated when his only storage option was 30 minutes away, in a sketchy…
Over 140 investors turned down Chris Molaro when he was raising the pre-seed round for NeuroFlow, the healthtech company he co-founded. But he persevered. Eventually, he and his co-founder, Adam Pardes, secured slightly more than their $1 million goal.
Chris’s ability (and willingness) to push through a slew of disappointing rejections is likely due to his military experience and a mission that hit very close to home.
Prior to starting business school, Chris spent nine years in the U.S. Army. At age 22, he became a lieutenant and platoon leader and was deployed to Iraq for a year. When his…
The best startup ideas often come from entrepreneurs who have noticed gaps in the market that others have missed. But sometimes, ideas can be ahead of their time or a little too edgy to convince investors — in those cases, fundraising can be even more of an uphill battle than usual.
Back in 2014, Charles was working at seed-stage venture firm Uncork Capital, and noticed an unsettling trend in seed investing: Seed rounds were getting larger and larger, growing from an average $1.5 million a…
Starting a funding round during a global health crisis is far from ideal — especially because its impact on consumer behavior and the economy can be quite unpredictable. But Gautam Tambay and Parul Gupta, co-founders of online education startup Springboard, didn’t let the pandemic stop them.
Between April and early August 2020, they raised $31 million dollars for their Series B round. Prior to that, they had multiple SAFE (simple agreement for future equity) notes, followed by a Series A and a post-Series A, which Guatam says was a chance for Series A investors to “top up” their investments. …