The Entrepreneur'sRESOURCE

Explore the Resource Center to find resources.  Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.

What you should know before your first fundraising pitch

Ryan Amin

At a Life Science Ventures Summit hosted by the Kauffman Foundation, Huffington Post writer Jennifer Hill led a discussion focused on the players in entrepreneurship and asked the panel about approaching investors (0:38:28 – 0:44:00). The panel included Nick Franano, Avi Roop and Geoff Clapp.

Here were some of the insights from the panel:

Use pitches as learning experiences - "Pitching is crucial, and not being afraid to go to large venture capitalists," said Roop. "They have insight at a much higher level and to a much broader spectrum of invention and technology, and they are going to give you very rapid feedback and very rapid guidance."

Research your potential investors - "I think you do need to consider who you are pitching to," said Clapp. "If your angel or seed or series A isn't asking about things like traction, about your engagement model, about how you're actually doing, you shouldn't be going into any kind of fundraising money with a PowerPoint deck."

Finance is just as important as the innovation - "Initially lay out the development plan for your products and then to immediately superimpose on that a financing plan that fits with your development plan," said Franano. "Otherwise, your development plan is not credible without a plan to finance all the way through to your exit."

Weekly Wisdom from Kauffman is a regular feature on eMed highlighting helpful advice from the Kauffman Foundation. 

comments powered by Disqus

Search for Resources

Stay Connected

Email Newsletter Signup

Want to get connected? Sign up to receive regular news, polls and updates from The Kauffman Foundation.

Email Newsletters

Want to be up-to-date with the latest news and updates from To subscribe, just give us your email address below; you'll choose which e-newsletters you'd like to receive on the next screen.