Navigating funding options during the later stages of a startup can be a real challenge for entrepreneurs. David Spreng, founder and CEO of Runway Growth Capital, advises that not all options are suitable for all businesses. Speaking of business growth, a strategic partnership is often a more suitable option, while a government grant may be a good consideration for certain companies.
Entrepreneurs should prioritize which funding options would best fit their business. If entrepreneurs are on H-1B visas like a couple who work for a large tech company and want to pursue a startup, their I-140 EB-2 green card petitions are already approved, but they’re waiting for their priority dates to be current for their green cards. The question is, how do they get their H-1Bs transferred to a new startup? Can their green cards be transferred to their new startup as well?
Common pitch deck mistakes often arise when preparing presentations. A resident pitch expert, Haje Jan Kamps, says only 6% of the decks contain the information needed for success. Learning from these mistakes and effectively fixing them could lead to better chances of getting these pitch decks approved.
Getting the right deep tech fund manager also requires a strategic approach. As more general investors start calling themselves deep tech investors, entrepreneurs need to be careful about the type of fund they associate with. It’s important to find fund managers with an investment approach that makes business sense.
Moreover, customer relationship management (CRM) tools are not only for sales teams. Founders can utilize these tools to streamline their interaction with investors. It can help them keep track of different communications, provide reminders for follow-ups, and generate comprehensive reports.
Each Tuesday and Friday, you can receive the TechCrunch+ Roundup as an email. You can subscribe to the newsletter by scrolling down to the “sign up for newsletters” section on the TechCrunch homepage, choosing “TechCrunch+ Roundup,” entering your email, and clicking “subscribe.”
Navigating funding options during the later stages of a startup can be a real challenge for entrepreneurs. David Spreng, founder and CEO of Runway Growth Capital, advises that not all options are suitable for all businesses. Speaking of business growth, a strategic partnership is often a more suitable option, while a government grant may be a good consideration for certain companies.
Entrepreneurs should prioritize which funding options would best fit their business. If entrepreneurs are on H-1B visas like a couple who work for a large tech company and want to pursue a startup, their I-140 EB-2 green card petitions are already approved, but they’re waiting for their priority dates to be current for their green cards. The question is, how do they get their H-1Bs transferred to a new startup? Can their green cards be transferred to their new startup as well?
Common pitch deck mistakes often arise when preparing presentations. A resident pitch expert, Haje Jan Kamps, says only 6% of the decks contain the information needed for success. Learning from these mistakes and effectively fixing them could lead to better chances of getting these pitch decks approved.
Getting the right deep tech fund manager also requires a strategic approach. As more general investors start calling themselves deep tech investors, entrepreneurs need to be careful about the type of fund they associate with. It’s important to find fund managers with an investment approach that makes business sense.
Moreover, customer relationship management (CRM) tools are not only for sales teams. Founders can utilize these tools to streamline their interaction with investors. It can help them keep track of different communications, provide reminders for follow-ups, and generate comprehensive reports.
Each Tuesday and Friday, you can receive the TechCrunch+ Roundup as an email. You can subscribe to the newsletter by scrolling down to the “sign up for newsletters” section on the TechCrunch homepage, choosing “TechCrunch+ Roundup,” entering your email, and clicking “subscribe.”
