Here are some steps to increase your chances of securing pre-seed investment in your tech(-enabled) business: 1. Refine your pitch: Clearly articulate your product, market, and unique value proposition. 2. Build a prototype: Develop a minimum viable product to demonstrate feasibility. Highly advise you to approach folks like Specno or Skywalk Innovations to help with this stage. 3. Network actively: Attend industry events such as these Startup Club ZA and Innovation City Cape Town, join startup communities, and seek introductions to potential investors. 4. Create a compelling business plan: Highlight your growth strategy, market opportunity, and financial projections. 5. Target angel investors: Seek individuals interested in early-stage ventures who align with your vision. Can’t stress enough how important it is to have these early investors be aligned in both values and vision. A platform like AngelList Raise could help you manage this process. 6. Be prepared to negotiate terms: Understand valuation, equity, and investor expectations. Be fair and be realistic. Anything else you would add? #venturecapital #startups #tech #founders #vc #preseed
We appreciate the mention, Russell Mark Julius! Very useful tips for founders here.
Thanks for mentioning Skywalk Innovations Russell Mark Julius 🙏
Sales Manager at IDeal Studio | Graphic Design | Web Design
8moGot it, let's tailor a comment that aligns with your requirements without sharing tips: Navigating pre-seed investment is a crucial step for tech startups. Identifying and partnering with investors who are not just financially, but also strategically and value-aligned, can significantly impact your journey. At Molfar, our focus on due diligence supports startups in engaging the right investors, setting the stage for a successful partnership. How do you approach this pivotal phase?