
127. Â Not “Female Founder,” Just “Founder”
It’s important to build a diverse team because diverse teams outperform non-diverse teams. It’s important to invest in great founders. And women happen to make great founders.
It’s important to build a diverse team because diverse teams outperform non-diverse teams. It’s important to invest in great founders. And women happen to make great founders.
Distraction is like kryptonite to founders. Yet fundraising is one giant distraction.
Asking questions and asking for the next step are crucial to running a good fundraising process.
Rachel’s big lesson was leaning into the big vision and not being afraid to put up projections that were a big stretch.
When you take time for yourself, don’t think of it as taking you away from your job. Recognize that it is part of your job.
You can’t convince investors they’re wrong. That statement could be the whole episode followed by one minute of silence for reflection đŸ§˜
Founders are eternal optimists. It’s a benefit to your company for you to think that the company is always going to prevail in the end. At the same time, founders need to be grounded when it comes to economics.
Let’s reframe this: investors don’t pass on YOU; they pass on opportunity right now for a specific set of reasons. Some of which you know, some of which you don’t know.
Fresh off a Series A fundraise, Rachel McCrickard offers her fundraising guidance—and it’s excellent.
Money is a tool, and you should use it as an accelerant for an opportunity that you’ve identified.
A mistake in fundraising is being ambiguous when it shouldn’t be ambiguous; it should be truly a process.
This simple format for updating investors is all you need. The 3 P’s: Plans, Progress, Problems.
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