Your lead investor needs to be the one having the most fun at the pool party.
About SpringTime Ventures
SpringTime Ventures seeds high-growth startups in healthcare, fintech, logistics, and marketplace businesses. We look for founders with domain expertise, forging a path with a truly transformative technology. We only invest in software-based businesses in the USA. We bring a people-focused approach, work quickly, and reach conviction independently. Our initial check size is $400k to $600k. You can learn more about us and our approach.
About Rich Maloy
Rich's mission is to rebuild the American dream through entrepreneurship. He works with early stage startups transforming the world, giving all people the opportunity to grow, learn and earn. With prior careers in finance and sales, he's now focused on startups investing through SpringTime Ventures where he is a Managing Partner. He's a father of two young children and loves sci-fi, skiing, and video games.
Your lead investor needs to be the one having the most fun at the pool party.Let's face it,they're the first one in the pool.You and your lead investor,locked arms and jumped in together.They're the one that's in there having a great time,trying to convince everybody else to jump in.They have a vested interest in the success of your fundraise.A great lead investor knows this and they will be out in front talking with other investors.Talking up why others should invest in you.Giving them all the good reasons.Playing into confirmation bias.Letting them know that the party is heating up and they got to get in the pool.As you're interviewing potential lead investors this is something you should be asking them,"how can you help me bring this round together?How have you done this before?"Because when you've got that lead investor,the round is going to come together.The pool's going to fill up.And then you can get back to building your business.
Get you started on your fundraising journey. In true VC Minute fashion, all 50 episodes are less than 1 hr 30 min combined.