Feelin' the love on Twitter, feel bad I tricked you yesterday, so here are some startups from my pipeline!
If you're the founder, let's chat. If you're a VC - look through this and reach out! π
*I have not spoken to these startups yet, according to CB, they're early.
@TurquoiseHC lets you compare healthcare pricing. Health costs in the US are ridiculous. Love the mission here.
Curious to learn more about AI driven A/B testing from @QuicksandAi and @abtestingai. This makes sense to me. Just have GPT-3 create new copy and auto test.
How to build a target investor list using Crunchbase. π
First, youβll need Crunchbase Pro. At $25/mo, not bad.
Then, I use Airtable, specifically the Linked Table feature.
Step 1: Go to Crunchbase and search for funding rounds (not companies), filter by relevant categories (for funded org), the right funding type (Eg seed), geo, and then do βannounced afterβ and pick a date 2 or 3 years ago.
These are funding rounds by startups relevant to you.
Step 2: Export list to csv. Make sure you have the βinvestorsβ column in there.
Iβm an outbound focused VC, meaning I reach out to most of the founders I talk to, not the other way around.
A lot of people ask me about my process. Itβs not a secret. Here it is π
1/ I spend a lot of time on AngelList, ProductHunt, and am on many investor lists for accelerators. I have a Google Alert for βstartup pitch competitionβ. Twitter is great too. I look at as many startups as I can find.
2/ I have a custom bookmarking tool to quickly save startups that peak my interest. It drops in my CRM and pings the Crunchbase API. Iβve tracked about 1000 in the last 6 months.
Been quietly working on this thru 2020... Excited to finally share @UntappedVC, a new VC firm I started w/ my true friend and role model @jessicajackley!
Some deets (like our portfolio) belowπ
1/ Weβre a pre-seed/seed fund investing in unexpected founders, found off the beaten path, not well connected to VCs. Weβre talking young, underrepresented, small town, immigrant, and so on.
2/ These founders arenβt in our network (almost by definition), so we primarily source through outbound, meaning we reach out to founders.
We look at tens of thousands, track and tag thousands, and reach out to the startups that stand out.
How to raise a seed round. Just one process, adjust accordingly. Missing lots of nuance. π
1/ Understand your business, its strengths and weaknesses. Look up metrics for similar business models at your stage to get context. Build your own pro forma, review w others.
2/ Build a list of Angels/VCs: dream/top tier, in your network, local, thematically fit. Prioritize A-C. Use LinkedIn to find potential intro paths. Track connectors in fundraising CRM.