Get most out of your Fundraising in Silicon Valley; Learn the Tips and Tricks from Mattermark and more
Most investors in Silicon Valley use Mattermark to keep track of startup companies looking to raise funds. Now, its CEO and co-founder Danielle Morrill is giving a lot of advices for startup founders on how to get the most from fundraising in Silicon Valley.
Morrill gave a series of advices in Twitter Sunday, giving tips and tricks ranging from how to park at Khosla Ventures, where to meet with venture capitalists, the importance of pitch deck, and how to treat executive assistants.
She tweeted that when visiting @a16z it is best to show up early to lower stress and get a great lobby book collection. She said plan ahead of time to get a parking spot. Check out the parking spot far from the buildings where there are huge beautiful trees. Consider the parking lot at DFJ/CRV. Stay away from the Sharon Heights Starbucks. Check out the Stanford campus and the Computer History Museum in Sand Hill road. Plan some extra time when parking at Khosla, where there is a beautiful garden out the window.
She said to start requesting meetings as early as possible. Most venture capitalists are in the same park, so never mind the awkward moments. Plan time before you go to Accel, which is in Palo Alto. Don't go to a meeting set at The Battery, or else you will become the entertainment. Instead, vie for the early morning breakfast set at weir locations, because this means the VC is really trying to get to know you. Pitch deck is a must, unless you are as promising as Mark Zuckerberg.
Morrill has plenty other tips, even down to telling ladies to avoid wearing heels. To learn more about here advices, it is best to check out her Twitter account.
Intercom is another startup company that was able to raise $30 million in 30 months in Silicon Valley. Their advices generally are to expand your vision, focus on engagement quality before quantity, hire employees you consider as excellent beyond your league, and master your strategy then look for an investor who will believe in it.
There are plenty other tips you can follow if you are planning to raise fund in Silicon Valley. Search online and follow the one that best suites your startup company.