Don't waste time trying to convince non-believers, find your true believers.
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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 $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 believes technology gives all people the opportunity to grow, learn and earn. He is a Managing Partner at SpringTime Ventures and the host of the VC Minute podcast. With prior careers in finance and sales, he's been focused on the startup ecosystem for over a dozen years. He's a father of two young children and loves sci-fi, skiing, and video games.
I think if I were to give the best advice that I have about fundraising,it's finding your early believers.For some people that's friends and family.For people that don't have that wealthy friends and family,that may be somebody you connect with on Twitter or on Facebook,or when the time comes on our future platform Zinsu.And we hope to make that process easier for everybody.But the truth is,for those of us that don't have those right now,we have to put ourselves out there.Be out there,right?Talk about what you want to do.Talk about what you want to build,talk about the traction that you have and just put yourself out there.and,the people that don't believe move past them like super quick.I think for me,that was one of the hardest things to do.I always wanted to find a way to try and how can I change their mind?How can I get this person to believe in me,to believe in what we're building?That's a real mistake.it's a waste of time,a waste of energy and a waste of your efforts.Move past them super quick.See,I want to find the real believers,cuz those real believers will be more than capital.They'll be a lightning rod for you.They'll be the person that puts you on to what's next.That helps you formulate what's next.
Get you started on your fundraising journey. In true VC Minute fashion, all 50 episodes are less than 1 hr 30 min combined.