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Raising a Seed Round 101

Raising a Seed Round 101

John Apolinar
November 25, 2024

Words of wisdom we’ve found from Founders, VC’s and Investors.

Here’s this weeks top 5:

#1

Raising a seed round 101
1. How much should you raise?
A simple formula is to aim for a 24- to 36-month runway, building in a 25% buffer.
Why 24 to 36 months? Generally, this is the right amount of time because it tends to be about how long it takes to hit product-market fit… x.com/i/web/status/1…
— Lenny Rachitsky (@lennysan)
7:39 PM • Sep 17, 2024

Our first post in our first newsletter - we had to make sure it had a TON of value. This breaks down so much in knowing what to raise.

The comment section is gold too.

#2

Your pitch deck should contain enough info to get the VCs curious, but not enough that they switch to "analysis" mode.
Otherwise, they will find objections and you won't get a call.
A deck is a MARKETING MATERIAL, not a business plan.
— Steph from OpenVC (@StephNass)
11:00 PM • Nov 23, 2024

Love the advice on not making a pitch deck too thorough. Keep the VCs curious, but don’t give away the farm.

#3

Here are the best threads I've ever read on Twitter.
A collection on:
- Marketing
- Life & purpose
- Startups
- Entrepreneurship
- Passion
I'll be adding to this list as I discover more from amazing creators I see on this app every day.
You need to read these ASAP 👇
— Jeremy Moser (@jmoserr)
11:54 PM • Feb 11, 2021

This whole thread has multiple rabbit holes you can go down depending on what you’re wanting to explore.

Threadception.

#4

If you’re a solo founder the good news is that you don't need to beat your competitors to succeed but just capture a really small slice of the market.
— Andrea Bosoni (@theandreboso)
11:11 AM • Jan 19, 2022

I feel like we as Founders want to dominate an entire market and get overwhelmed. We just need a tiny slice to succeed. This mindset makes it way less stressful.

#5

Something is happening in pre-seed / seed that I think needs to be amplified more.
The gap between pre-seed and seed is getting large.
More >>
— Elizabeth Yin 💛 (@dunkhippo33)
1:29 AM • Nov 5, 2024

Banger of a thread by Elizabeth Yin. Definitely worth a follow.

TLDR is seed rounds not in a popular space and with little traction are not getting done.

Feel free to share your thoughts on this issue! If there’s any topics you’d like to know about as a Founder let us know and we’ll get to work to cover it.