How We Raised $1.3 Million as First-Time Founders

http://viniciusvacanti.com/2010/10/how-we-raised-1-3-million-as-first-time-founders/

by vacanti • 16 years ago

44 6 16 years ago

il• 16 years ago

Being in the red-hot daily deal space probably helped with raising a big round too.

It seems that the key step, other than getting traction is "build relationships with potential investors". Can you elaborate how you did this? Cold calling/emailing?

vacanti2• 16 years ago

Yeah, the space really helped.

With regards to meeting investors, it's actually fairly easy. It's their job to meet with you. I would recommend meeting with the young VC's at firms first. You can also find investors at most tech events.

danielharan• 16 years ago

100% agreed. Lots of newbies think it's hard, but the best investors usually try to meet as many people as possible.

We haven't raised a series A yet, but the feedback is quite useful. We also get free advice and introductions to people that can help us prove our thesis.

vaksel• 16 years ago

for some reason chartly gets blocked by adblock.

based on that chart, it looks like you have something like 12,000 subscribers around April.

btw your mouseover logo doesn't render smoothly especially Y and P letters

dazzla• 16 years ago

I was looking at adding Groupon to my daily deal mobile app but Groupon seams to be very specific about no aggregation. I wonder how yipit figured that out?

How We Raised $1.3 Million as First-Time Founders

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