Having the right tools is always important. Since we're trying to democratize the fundraising process, we want to make sure you're aware of what's out there. Today there's no excuse if you're not aware. This ode, sums it up pretty well…
For want of a nail the shoe was lost.
For want of a shoe the horse was lost.
For want of a horse the rider was lost.
For want of a rider the message was lost.
For want of a message the battle was lost.
For want of a battle the kingdom was lost.
And all for the want of a nail!
Having access to a list of investors is not enough, you need to learn how to build relationships with the influencers. Nevertheless, here's where you can start reaching out to investors:
Follow Up Flawlessly – Get notified the instant a prospect opens an email, clicks a link, or opens an attachment for a timely, relevant follow up, using these tools
You'll do things faster with a bit of automation – don't get carried away, and always respond manually to each email reply you get:
Because you are now selling your business, and not your product:
HubSpot CRM (Recommended)
Asana For CRM / Project Management
Zoom – #1 Video Conferencing, Screen Sharing and Web Conferencing Service (Recommended)
BlueJeans – World's leader in cloud video communication.
Appear – Best for quick small group chats in a browser
JoinMe – Best for screen sharing in a call
GoToMeeting – Best for professional video conferencing (expensive).
And check out this great review of video conferencing apps.
Once your Pitch Deck is ready to be sent to investors, use these tools to keep track of whether they're being opened and what they're spending the most time on:
You might not be an artistically gifted designer, don't worry try some of these tools:
When you want to get the best, pay for someone else do something you suck at:
Everybody needs a good attorney. (More Coming Soon…)
SeedSummit – group of over 25 leading investors who are working together to create transparency in the global startup ecosystem
AVCAL – Open Source Seed Financing Documents
Startup Law Dictionary
Docracy – open collection of legal documents/templates (example: NDA).
Startup Documents – legal documents for early stage companies.
Walker Law – (recommended by Mixergy).
Legal Templates – 100s of free & legal forms, including NDA templates.
Tidy Forms – One stop location for forms & templates, including NDA.
Some call this legal document generator, others call it incorporation software. Whatever you call it, there's more coming soon… (This is mostly for US incorporation, we're looking for UK, and other countries)
WSGR – Online Convertible Note Generator to create a convertible note agreement for you.
TermsFeed – generate legal agreements for website, ecommerce, apps, + more.
Cooley Go – Simplifying the legal paperwork.
IronClad – Manage legal paperwork for your company, automatically.
Clerky – Automated legal paperwork for startups
Stripe Atlas – Start an internet business anywhere. (Even if you're not based in the US, from Payment Providers Stripe)
Valcu – Startup incorporation and corporate management
Gusto Launch – Platform to start and run a company
LegalZoom – Incorporation, wills, trademarks, general legal advice (better use Clerky).
StartupFormation – Form your company in minutes
RocketLawyer – legal documents made simple.
WSGR – Online Term Sheet Generator by WSGR (Recommended by Guy Kawasaki)
Orrick – Online Term Sheet Generator for Incorporation, Convertible Note & Preferred stock.
Everybody needs a good attorney. (More Coming Soon…, if you've used a good legal firm and recommend them, click the [submit new resource] below)
SeedLegal – Law firm serving UK.
Goodwin – Law firm serving US, Europe and Asia.
Gunderson Dettmer – Law services for growth companies and VC (note: expensive, but great!)
Cooley – General corporate counsel for US & UK.
WSGR – Legal services for technology, life sciences, and growth enterprises (note: probably the best).
Walker Law – (recommended by Mixergy).
Orrick – Global law firm.
More Coming Soon…
ForeSight – Standards-based, rock-solid financial model templates for forecasting and fundraising for any type of business.
CrunchBase – Probably the largest database on private equity / venture capital deals.
Startup Financial Model
AngelList Valuation Benchmarks
CircleUp – Deal Terms and Performance Information For Executed Deals.
AngelLoop – Performance Tracking, Cap Table Management & Investor Engagement and Communications
Poindexter – A Simple Business Modeling Software
Floatapp – Automated Cashflow Forecasting & Budgeting
Startup Models – (bit outdated) Business Plan Financial Template & Startup Models.
BizEquity – World's largest provider of business valuations.
WorthWorm – Startup valuation system uses analytics, industry comps, and other valuation methods.
EquityNet – Startup valuation calculator.
Equidam – Calculate business value, using 5 valuation methods.
Quandl – Data on VC valuations.
Owler – Information on 15 million public and private companies.
Seed DB – Data on seed accelerators, funding and exits.
Index (By TNW) – Structured data on private tech companies, industries and locations across the globe.
More Coming Soon…
CapTable IO – Cap tables made easy, for founders and investors
Eshares – Cap table management and 409A valuations simplified.
CapShare – Cap table management.
Gust Equity – Cap tables, 409A valuations (private valuation) and options management (Recommended)
Simple 409A – Affordable 409a valuations
Startup Value – Comprehensive data-driven valuation in minutes.
SmartAsset – Understand funding events on you and your investors.
Founders Workbench – Capital dilution calculator.
Own Venture – Equity dilution simulator.
Y Combinator List – Status of YC pass outs.
Some of the best, outspoken private equity & venture capital investors to listen to:
Blog – Fred Wilson (A VC)
Blog – Brad Feld
Blog – Mark Suster
Blog – Paul Graham
Blog – Jose Paul Martin
Blog – Tomaz Tungunz
Blog – Ben Evans
Blog – Jeff Bussgang
Blog – Y Combinator (The Macro) – not focused on breaking news – sharing information that is useful, thoughtful, and interesting.
Podcast – The Startup Chat
Book – Slicing The Pie – formula based on the principle that a person’s % share of the equity should always be equal to that person’s share of the at-risk contributions.
These are some of the best newsletters to keep you up-to-date on what's happening with startup & growth companies (yes, we included Techcrunch!):
Exponential View – Exponential change: technology, business models, political economy & society.
Mattermark Daily – Human curated newsletter that brings you perspectives, insights, and lessons learned from investors and operators.
Quibb – a professional network to share industry news and analysis where only 40% are accepted as members.
CB Insights – tracks disruptive startups, emerging industries and their investors & acquirers.
CrunchBase Daily – an email roundup of the latest funding data from CrunchBase.
Startup Digest – personalized insider newsletter for all things startup.
Inside Venture Capital – personally curated insider newsletter for all things venture capital.
We're updating the list… so please suggest a new resource.
Last Updated: 12 November 2018