How to get venture capital funding for startup quickly?

I know in order to get venture capital funding, I need my idea to be solid and fast growing. No one likes to invest and wait to see progress. I am trying to figure out a way to get venture capital funding as quickly as possible. Given what the economy is going through right now and how many of us are struggling to make ends meet, the sooner I get funded the better.

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June 6, 2020 2:11 AM

Member

You want to make sure that you find someone willing to fund you who lines up with your core values and principles first. Making a connection with a VC on a deeper level will increase your chances of finding a good one who will back you for the long haul.

June 8, 2020 12:25 AM

Member

Sometimes it happens quickly, sometimes it takes time. The most important thing to focus on is finding the right backers and even if this takes you awhile to convince them, it will be worth the wait.

June 9, 2020 11:27 PM

Focus more on the right companies and investors and less on the time frame. There is no fast or easy way to pull something like this off. Like mentioned above, sometimes it happens fast and other times it doesn't.

June 16, 2020 6:45 PM

Member

One of the best tips I have ever read is this:


"Demonstrate Market Traction

In a competitive economy where only 2.5% of angel-funded companies go on to raise venture capital, it's important for a startup to show cognizance and relevance in their market. Early-stage VCs want to see a sizable market opportunity before writing a check, and startups can demonstrate this through a pilot or beta customers.


More importantly, startups should demonstrate the ability to convert that pilot into a paying customer. Nina Nashif, founder and CEO of Healthbox, believes that showing market traction is critical, and startups should be able to replicate the process of turning a pilot into a paying customer over and over again. "The greater the number and the quality of early customers displays the startup has the ability to grow past the initial interest from early adopters." "


You can read the entire article here: https://mashable.com/2013/05/06/startup-venture-capital/

June 16, 2020 7:29 PM

Member

You will be very lucky to do it quickly. I would advise you to do your homework. Take a look around at costs and compare prices other people are getting. Funding sounds easy but it is just as complex as running your business.

June 20, 2020 7:59 PM