“1Mby1M is a very helpful program, and Sramana is very well connected in the industry. When we were looking to talk to investors, Sramana introduced us to multiple investors, and also acted as an advisor helping us navigate complex term sheet clauses like tranche financing and liquidation preferences. 1Mby1M also helped us win the $40,000 Microsoft BizSpark Startup Challenge Grant by helping us refine our pitch, market sizing analysis, and other details. I would enthusiastically recommend the 1Mby1M program for first-time entrepreneurs and technical founders who need help with understanding other aspects of running a business.” – Girish Mathrubootham, Founder & CEO at Freshworks, Raised $249 Million in Funding
Investors generally only consider deals coming through their trusted networks. If you’re looking for introductions to investors, you can look at joining the 1Mby1M Premium program. We would coach you through the process and make the necessary introductions when you are ready.
Remember, Investors are looking to multiply the money that they put into startups.
Multiply by how much? 2X? 3X? 5X? 10X? 20X?
This question determines the strategies of what they’re looking to do:
And then, different investors have different investment theses. Here are some examples.
Just like you look for product-market fit, you also need to look for investor-entrepreneur fit.
A seed investor looking for a Unicorn won’t invest in a capital-efficient startup that is better suited to a $30M strategic exit. And vice versa.
If you haven’t raised money before, understanding the fundamentals would be critical for you.
Before you go up in front of investors, you should be able to answer these questions: The 1Mby1M Self-Assessment.
Come practice your pitch and get feedback from Sramana at one of our Free Public Roundtables.
You can develop understanding of the fundraising process through some of these courses:
If you are considering becoming a 1Mby1M premium member and would like to join our mailing list to receive ongoing information, please sign up here: