Startup Fundraising Facilitators 🐍 Surviving the Pit of Serpents!

Startup Fundraising Facilitators 🐍 Surviving the Pit of Serpents!
You might want to ask for help when you need to raise capital.
Take care, most of those people are useless or actively harmful.
Quoth the AI describing this episode:
In this episode, Lance Cottrell, an experienced startup advisor, shares insights on the challenges of fundraising, focusing on the role of fundraising facilitators in the process. He offers a candid look at the pitfalls of working with unskilled or unethical fundraisers. The episode provides crucial pointers about operational red flags and underlines the importance of maintaining realistic valuations. Additionally, it explains the logistics of fee models and advises on how successful fundraising can be approached. Moreover, it includes a brief discussion on the regulations surrounding fundraising and the need for facilitators to be registered. The episode concludes with advice on selecting the correct people to work with and setting adequate standards for partners.
Read the article: ftb.bz/98B
Listen to the Podcast: ftb.bz/Podcast
The episode on the Startup Fundraising Paradox: ftb.bz/94B
00:00 Introduction to Fundraising Facilitators
00:18 Understanding the Role of Fundraising Facilitators
00:57 Welcome to Feel the Boot
02:01 Experiences with Fundraising Facilitators
03:34 Categories of Fundraising Facilitators
05:50 The Risks of Working with Fundraising Facilitators
06:52 Regulations Surrounding Success Fees
09:02 The Impact of Success Fees on Valuation
14:02 Understanding the Importance of Exclusivity
15:04 The Dangers of Spamming Investors
17:07 The Importance of Realistic Valuations
18:03 Avoiding Bottom Feeders in Fundraising
18:50 Conclusion and Final Thoughts
Lance Cottrell has been an active startup advisor and startup mentor for over a decade.
He has helped countless startups navigate the key decisions of their journey, like when to take venture capital investment and negotiating term sheets.
He works with many companies in accelerators like Y Combinator and Founder Institute.
He provides help with startup funding including raising venture capital and angel investment.
He can help you achieve liquidity for your company at a high valuation.
Feel the Boot is a startup vlog of tips and advice for early-stage founders.

[@lifenuggets2221]

Where do i verify who is a verified dealer or broker? I have people who are willing to invest but the don't want to lead the round. I need someone to lead the round.

[@FeeltheBoot]

You can see if someone is a broker-dealer at this website: brokercheck.finra.org/
You don't need a broker-dealer to lead the round. The lead can be any significant investor who is willing to do it. Generally they would be taking at least 20% of the round, but sometimes leads will take less.
Until you have a lead, capture and track your soft commitments. You can go back to those people once you have the lead in place.