How To Prepare Your Startup To Raise An Angel Round

A recent email from an entrepreneur and complete stranger read: "We need to raise money. Who can you introduce us to?" I quickly encouraged him to submit his startup to AngelList but a few days later he returned with, "I messaged the AngelList founder and he didn't respond. Can you give me some tips?" This post is for you buddy. Approaching a well known Silicon Valley angel investor cold with the expectation that they'll fund you, is like walking up to a beautiful stranger and expecting you'll be planning a wedding by the end of the conversation. For the masses, if you want top tier funding, there is a process or roadmap in most cases you can follow (ignore the geniuses and exceptions). Attempting to bypass it shows a lack of consideration and basic intelligence of how the funding process works.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/r_bU5Vct7ig/

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