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Startup Funding Espresso – Why Brokers Are Not a Fit for Startup Fundraising
Why Brokers Are Not a Fit for Startup Fundraising Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Fundraising is a time-consuming challenge for founders. Some consider outsourcing the fundraising process to brokers who will take a success fee for what they raise. This works well in later-stage funding but is not a fit for startup fundraising. Portions of the fundraising process can be outsourced, such as the following: Outbound marketing to prospective investors to generate initial interest. Investment document preparation…
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