#business #business #scaleup # [[Epistemic status]] #shower-thought #to-digest # Related - [[Business/Venture fund]] - [[Business/Traction]] - [[Business/Entrepreneurship/Raising money]] - [[Business/Entrepreneurship/Finance]] - [[Breslow, Ryan - Fundraising]] # TODO > [!TODO] TODO # Fundraising >Rather than just raising cash as they grow their businesses, the smartest entrepreneurs select venture capitalists who can deliver valuable services. The best venture capitalists have access to the best networks, which further amplifies their value. >~ [[Tren Griffin]] 1. Problem 2. Solution 3. Traction 4. Market & Monetization 6. Future vision 5. Team 6. The Ask (Use of funds) >Surround yourself with superstars. And not just the people you choose to work with. That’s really important. But the people you raise money from as well. Surround yourself with superstars, and everything else takes care of itself. Whenever in my career I’ve compromised because I’ve had a short-term itch I needed to scratch—and I just had to hire somebody—it’s been a mistake. And I’ve regretted it. It’s hard to get rid of the (poor) performers. Surround yourself with superstars. They hire superstars >~ [[Tren Griffin]] ## Hacks - Leverage social media platforms such as LinkedIn, Twitter, and Facebook to connect with potential investors and venture capitalists. - Take advantage of crowdfunding platforms to raise money for your startup and get the word out about your product or service. - Participate in startup competitions and pitch events to attract the attention of investors and venture capitalists. - Utilize angel investor networks and venture capital firms to gain access to capital and valuable resources. - Talk to other entrepreneurs and build meaningful relationships in the startup community to gain valuable insights and advice.