Fundraising is badly misunderstood

4 min read

If there is one thing that most startups misunderstand entirely, that’s probably fundraising. Thus, they create their own mental image of what needs to be done to raise money successfully. After interacting with more than 1,000 startups, I can confidently say that it’s almost always wrong. Who to blame? VCs that stay opaque on why they say yes or no? Maybe! Most VCs never want to close doors, so they often remain open and vague on why they pass. They often say, “We like what you do, but it’s not completely aligned with what we are looking for; that does…...

This article is free to read

Login to read the full article


OR
Pierre Gaubil Pierre has spent 25 years in France and Silicon Valley as an entrepreneur. Pierre successfully co-founded three startups and one fund, CAST, Days of Wonder, Sensopia, and The Refiners Fund 1. CAST went public in 1998, Days of Wonder and Sensopia were each sold. A seasoned entrepreneur, Pierre has spent over 15 years in the U.S. and managed companies in nine different countries. His expertise lies in enterprise software, mobile application, publishing, startup early-stage investment. Pierre is also a passionate drummer and music lover.