Fundraising in Silicon Valley with 500 Startups

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Fundraising in Silicon Valley with 500 Startups Prepared by Sean Percival in partnership with Startup Norway

description

A presentation for Startup Norway at the Startup Lab Norway on 9/8/14 given by Sean Percival

Transcript of Fundraising in Silicon Valley with 500 Startups

Page 1: Fundraising in Silicon Valley with 500 Startups

Fundraising in Silicon Valleywith 500 Startups

Prepared by Sean Percival in partnership with Startup Norway

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My Quick Life Story

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500 Startups at a Glance

“500 Startups is the most active seed investor in Silicon Valley tech companies”

The Silicon Valley Tech Venture Capital Almanac, Fall 2013

850+Investments

$100MDeployed

4Years

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500 Startups Values

•Be Bold, Be Humble•Move Fast, Break Things• Challenge Yourself, and Others•Be Diverse, and Diversified •Have Fun, Make Money

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500 Startups Is Global

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About the 500 Startups Accelerator

• Next program starts in Mid-Oct• Program runs for 4 months with a break over the holiday• Demo Day sometime in early February

• We make a $100K investment for 7% of your company• There is a $25K program fee• We invest through a convertible security structure

Upcoming Dates

Investment Details

• 4 batches a year with 30 companies per batch• Strong focus on marketing, design and fundraising• 200+ of the best mentors in Silicon Valley and beyond

General

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What are we looking for?

• A live product (MVP or more)• Some initial traction (although the more the better)

• Momentum in your metrics• Diversity in your team and/or customers• Amazing international companies• Founders who are full-time focused• Don’t be an asshole (unless necessary)

You should have a few of these:

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Funding Raising in Silicon Valley

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Hacks for Fundraising in the Valley

• Leverage the accelerators for validation • Use AngelList• Have the right corp structure (Delaware C-Corp)

• Find brand name investors/advisors• Have a presence in the valley• Be confident, and sometimes arrogant

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Failure is OK

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Get in Contact

Email: [email protected]: @percival and @500startupsIRL: Visit Mountain View, California