They say first impressions are critical, and that certainly rings true when you’re pitching your company to investors. As a founder or CEO, your pitch is often the most important factor determining whether you’ll receive funding. The most prepared teams, and those that clearly demonstrate what investors are looking for, are the ones that have the highest likelihood of being funded.
Fundraising is a skill, which conversely means it can be improved upon. One of the great privileges of being investors is having the opportunity to evaluate hundreds of companies—including many online marketplaces–each year. Over the years, there are a handful of best practices we’ve seen that can improve the fundraising process for these types of companies and position them to successfully secure funding. At our Online Marketplace Conference in December 2020, I teamed up with Philip Specht, a principal at European VC Speedinvest, our co-host for the Marketplace Conference, to share some of our combined learnings on how marketplace founders – from pre-seed to growth stage – can improve their chances of being funded.
Scroll down to view the slides. We hope the presentation is beneficial in helping you go from good to great and ace your marketplace fundraise.
Battery Ventures provides investment advisory services solely to privately offered funds. Battery Ventures neither solicits nor makes its services available to the public or other advisory clients. For more information about Battery Ventures’ potential financing capabilities for prospective portfolio companies, please refer to our website.
Battery Ventures has no obligation to update, modify or amend the content of this post nor notify its readers in the event that any information, opinion, projection, forecast or estimate included, changes or subsequently becomes inaccurate.
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