Throughout the StartFast program we drive our teams to build great companies and stress that this is much more important than raising money. Nonetheless, building a high-growth company requires financing. So we guide our companies to be financeable (to avoid the four pitfalls pointed out in StartFast the book and) by validating a large market opportunity, proving that there is an attractive way to make money in it, and building a strong team that can execute on that. StartFast's Demo Day, unlike many recent demo days we've heard about, will be rife with opportunities for investors. All eight StartFast companies are seeking investment partners, and all eight will be investor-ready. Here are 11 ways from the StartFast book to get your company investor-ready and improve your odds of raising capital:
Our teams are busier than ever this week. Not only are they building great businesses, but also making sure they're investor-ready, with virtual data rooms to support efficient due diligence. While it's true that several savvy investors are already having meeting with StartFast teams, we look at Demo Day as the moment we're managing to the peak of investor readiness. There's always time to meet with interested investors. After all, either it's just another chance at pitch practice, or something more.