8.47% of investors I spoke to, funded AppMakr

I just ran an analysis with the help of Brendan Baker, an Oxford MBA candidate, that shows that 8.47% of the potential investors I had discussions with ended up funding AppMakr's $1MM convertible note.

Here is a blurred-out list of everyone I spoke to - and by "spoke to" I mean I had either a phone conversation with them, or I met them in person, so you can get a feel for the number of people I talked to.

Just goes to show you the tenacity required to raise a round with a solid group of investors, and why it took 14 weeks to complete the process.

I also have several other blogs about fundraising, including an interview with CRV's George Zachary, AngelList's Naval Ravikant, and Silicon Valley Bank's Shai Goldman.   I was also recently on a panel discussing the differences between Angel & Series A investing.

I just ran an analysis with the help of Brendan Baker, an Oxford MBA candidate, that shows that 8.47% of the potential investors I had discussions with ended up funding AppMakr's $1MM convertible note. Here is a blurred-out list of everyone I spoke to - and by "spoke to" I mean I had either a phone conversation with them, or I met them in person, so you can get a feel for the number of people I talked to. Just goes to show you the tenacity required to raise a round with a solid group of investors, and why it took 14 weeks to complete the process. I also have several other blogs about fundraising, including an interview with CRV's George Zachary, AngelList's Naval Ravikant, and Silicon Valley Bank's Shai Goldman.   I was also recently on a panel discussing the differences between Angel & Series A investing.

Fundraising Cribsheet: Guide To The Fundraising Manifesto

In 2010 I started writing a series of blogs titled "Fundraising Cribsheet" describing our experience raising a $1MM round for AppMakr.com.

My goal has been to allow other entrepreneurs to raise money more efficiently than the 14 weeks it took us.  Brendan Baker, an MBA student at Oxford University, has added a deep layer of analysis to this experience by doing his thesis on our fundraising experience.  Brendan's initial work is outlined in this blog post, with much more analysis here.

Here is my guide to this manifesto on fundraising, so you can consume the information in the chunks most relevant to you:

  In 2010 I started writing a series of blogs titled "Fundraising Cribsheet" describing our experience raising a $1MM round for AppMakr.com. My goal has been to allow other entrepreneurs to raise money more efficiently than the 14 weeks it took us.  Brendan Baker, an MBA student at Oxford University, has added a deep layer of analysis to this experience by doing his thesis on our fundraising experience.  Brendan's initial work is outlined in this blog post, with much more analysis here. Here is my guide to this manifesto on fundraising, so you can consume the information in the chunks most relevant to you: Daniel's "Rule Of 10" Angel Intros + $1MM Raise Infographic with Brendan Baker. Cliff Notes on Raising Your First $1 Million Through AngelList' Keynote + Panel Interview with Naval Ravikant, co-founder of AngelList, an angel fundraising vehicle I highly recommend Interview with George Zachary, a partner at Charles River Ventures, on how to approach and pitch Venture Capitalists Interview with Stephen DeBerry, a partner at Kapor Capital, on recommended deal structures and more Interview with Shai Goldman, a director at Silicon Valley Bank A panel hosted by Shai discussing the differences in raising angel vs. Series A funding A blog showing visually how 8.47% of the potential investors I spoke to ended up funding us How to 'Hack Your Funding' by Naval Ravikant of AngelList Other good resources include: VC Panel at the Digital Media Conference Fundraising Panel at TechCocktail's Startup Mixology Event Don Rainey talks about investing in LivingSocial