This Week in Startups

Fundraising | Scaling Your Startup S2 E4 with Density’s Andrew Farah and SoleSavy’s Dejan Pralica | E1210

May 6, 2021
Andrew Farah, Co-founder and CEO of Density, shares his successful strategy for raising over $100 million in funding, emphasizing the importance of product demos and effective narratives. Meanwhile, Dejan Pralica, CEO of SoleSavy, reveals how he masterfully combines community and commerce, offering insights into building genuine relationships with investors. Both entrepreneurs candidly discuss the mistakes they made, providing valuable lessons on crafting pitch decks and navigating the emotional landscape of fundraising.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ANECDOTE

Accumulating Advantage

  • Andrew Farah used the term "accumulating advantage" (network effect) in a pitch to Founders Fund.
  • He adopted this term from Keith Rabois's interviews, anticipating shared language.
ADVICE

Research Investors

  • Research investors thoroughly by watching their interviews and talks online.
  • Use their language and frameworks to connect with them effectively.
ADVICE

Fundraising Windows

  • Plan fundraising within specific windows (after Jan 2nd-July 4th or Sept 10th-Thanksgiving).
  • Investor availability decreases outside these periods.
Get the Snipd Podcast app to discover more snips from this episode
Get the app