Mayank Bidawatka's๐งต How I Raised $4M in a Tough Market - Fundraising Playbook 1. Angel Strategy โข Focus on people who know you and believe in your vision โข Keep individual amounts low but target 10-15 angels โข Choose angels who can add strategic value โข I picked founder/VC friends I trusted - find what works for you 2. Smart Planning โข Raise enough for 12+ months runway minimum โข Announce your round - drives inbound VC interest โข Prepare comprehensive deck covering: - Problem & solution - Market size & competition - Product roadmap & screens - Financial projections & unit economics - Team & execution plan 3. Investor Engagement โข Start with warm intros to relevant funds โข Talk to highest probability investors first โข Focus on the person, not the fund brand โข Avoid FOMO investors who care more about "who else" than product โข Address questions thoroughly - written follow-ups are powerful 4. Round Structure โข Start small (if targeting $3M, discuss $2M first) โข Create flexible options for participation โข Don't stress about dilution - optimize for everyone's success โข Understand target ownership needs of different funds 5. Execution Tips โข Split time: 50% fundraising, 50% product/company building โข Close within 30-60 days max โข Get clear commitments, use deadlines to break circular loops โข Pre-empt next steps (diligence docs, legal work) โข Keep building product momentum throughout ๐ Key Learning: Your product is everything. Fundraising is crucial but temporary. Optimize for working with believers who get your vision and can help you build.
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