Best 31 Quotes & Tweets on Raising money

Twitter wisdom in your inbox

1

Things you don't have to do to start a company: - Quit your job - Learn to code - Write a business plan - Raise money - Hire employees Things you have to do: Start.

Sahil Lavingia

Sahil Lavingia

@shl

2

If you don’t own capital in a capitalist economy, you are the capital. Things you can own: - your own business - equity in someone else’s - shares in a public company - IP: words, stories, characters - real estate, land What will you own?

Sahil Lavingia

Sahil Lavingia

@shl

3

Simple rule for founders: don't take money from people you wouldn't hire. Simple rule for investors: don't give money to people you wouldn't work for.

Sahil Lavingia

Sahil Lavingia

@shl

4

Cold email is not a numbers game. Raising money is not a numbers game. Recruiting is not a numbers game. Dating is not a numbers game. Make yourself more compelling. Don’t blame the numbers.

Sahil Lavingia

Sahil Lavingia

@shl

5

Raising $10M isn't easy, but turning it into $10.1M is much harder.

Sahil Lavingia

Sahil Lavingia

@shl

6

Blockchain engineering is more inclusive by age because you don't have to pack up your life and move to San Francisco to raise money.

Naval Ravikant

Naval Ravikant

@naval

7

If you’re having a hard time: - Raising money - Hiring people - Getting customers The problem may not be in your ability to fundraise, hire, or sell. Those are symptoms. The problem is probably more fundamental: lack of growth, lack of product-market fit, you.

Sahil Lavingia

Sahil Lavingia

@shl

8

You can tell how much money a startup has raised by how often they update their Terms of Service.

Sahil Lavingia

Sahil Lavingia

@shl

9

After ICO market corrects, future raises will require independent research and smart-contract based governance of funds by token holders.

Naval Ravikant

Naval Ravikant

@naval

10

ICO mania headed for a brutal correction. But, we should hope the market evolves a rational fundraising mechanism outside of Silicon Valley.

Naval Ravikant

Naval Ravikant

@naval

11

Real entrepreneurs don’t ask for permission to build product, recruit a team and raise money. They just do it.

Brian Norgard

Brian Norgard

@BrianNorgard

12

How the size of a VC fund relates to how much they actually invest in new startups... A “$40M fund” deploys $32M towards startups (-20% in management fees). Then at least half is reserved for follow-on capital: $16M. Cash is deployed over 3+ years. So $40M fund → $5M per year.

Sahil Lavingia

Sahil Lavingia

@shl

13

All work is remote, it’s just a question of how remote. All communication is asynchronous, it’s just a question of how delayed. All companies raise money, it’s just a question of who they raise money from: owners, investors, or customers.

Sahil Lavingia

Sahil Lavingia

@shl

14

Every fundraise is a failure. An admission that you aren’t able to do what you want with the money you have. Every hire is a failure. An admission that you aren’t able to do what you want with the team you have.

Sahil Lavingia

Sahil Lavingia

@shl

15

For first time founders raising capital Don’t overthink it Don’t overprice it Don’t work with anyone your can’t see yourself working with for a lifetime

Brian Norgard

Brian Norgard

@BrianNorgard

16

Meeting with people in Silicon Valley: Raising money is easy, finding talent is near impossible Meeting with people in Hollywood: Finding talent is easy, raising money is near impossible

Sahil Lavingia

Sahil Lavingia

@shl

17

On startups.... Many billion dollar businesses follow the same four-step formula: 1. Find an industry with a low NPS score. 2. Raise money. 3. Vertically integrate. 4. Recruit the best people. Extra points for under-valued talent.

David Perell

David Perell

@david_perell

18

A thing you’re going to start seeing more frequently: software companies entirely funded by software people, without needing to tap traditional large pools of money (VC funds backed by pensions/universities/family offices) basically ever.

Patrick McKenzie

Patrick McKenzie

@patio11

19

Perks of raising VC: - Money - PR cycle to impress your high school friends - Meeting most tech founders in your city - Investor summits where you can shake hands with people like Al Gore - A board member - Investors who'll probably help if you take the time to ask

Sahil Lavingia

Sahil Lavingia

@shl

20

In the past I raised money from investors who could help make me rich. In the future I plan to raise money from people who I want to make rich.

Sahil Lavingia

Sahil Lavingia

@shl

21

We need more factual stories about founding companies and the early days. Everything except fundraising.

Hiten Shah

Hiten Shah

@hnshah

22

The less you need something, the easier it is to get: raising money, hiring great people, customers, and more.

Sahil Lavingia

Sahil Lavingia

@shl

23

Pre-seed rounds are just a new name for "friends and family" that obscures the connections/privilege required to raise money.

Sahil Lavingia

Sahil Lavingia

@shl

24

The more capital you raise and spend, the more the next set of investors expect. People look at progress / 💵.

Sarah Guo

Sarah Guo

@saranormous

25

ICOs have access to the largest investor and speculator base in the world. Freed of conflicting currencies, banks, and often...regulations.

Naval Ravikant

Naval Ravikant

@naval

26

The #1 reason to raise money is so you don't have to raise money anymore.

Sahil Lavingia

Sahil Lavingia

@shl

27

Founders who have raised money already: When first-time founders ask you for your opinion about specific investors, please tell them the truth. Share the facts. Don’t beat around the bush.

Hiten Shah

Hiten Shah

@hnshah

28

How to raise money at any stage: -have good energy -use social proof -tell a evocative story -shape the story w/ data -be unemotional -understand the investors style & belief system -appeal to hope, love or fear -no when to shut up -if the hors d'oeuvres come around take 2

Brian Norgard

Brian Norgard

@BrianNorgard

29

If I were raising money for a new company, I would raise it from First Round and a bunch of (mostly founder) angels.

Sahil Lavingia

Sahil Lavingia

@shl

30

Raising money feels like treading water. You can do it for a while but you’re always very aware something needs to change eventually... or you’ll die. Holidays make this worse because your burn rate stays the same but productivity tanks!

Sahil Lavingia

Sahil Lavingia

@shl

31

More access to capital for starting businesses is a good thing for everyone involved.

Hiten Shah

Hiten Shah

@hnshah