Tech Brew Ride Home (Portfolio Profile) Check-in With Rownd (How To Raise A Round Right Now)
May 30, 2022
Robert Talen, Founder of Rownd and Y Combinator alum, shares insights on the challenging landscape of fundraising today. He explores the exhilarating experience of Y Combinator's Demo Day, revealing how it jumpstarts fundraising efforts. Talen discusses navigating post-seed fundraising, emphasizing the role of angel investors and SAFE agreements. He also highlights the seamless user experience Rownd provided at the Tribeca Film Festival, showcasing how effective partnerships can thrive even amid high demand.
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YC Demo Day Experience
- Robert Talen shared his Y Combinator Demo Day experience.
- He got 120+ upvotes, leading to many investor meetings and closing a seed round quickly.
Demo Day Pitching Advice
- Practice your pitch extensively, but remember it's a live presentation.
- Engage with the audience, even if it's through a camera, to make it feel more personal.
Rolling Close Strategy
- Use a rolling close when fundraising, securing investments as you go.
- This allows you to demonstrate momentum to larger investors, leading to faster closing.