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Startup Funding Espresso – How To Create a Herd Effect With Investors
How To Create a Herd Effect With Investors Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In raising funding, it's important to create a herd effect. A herd effect is building a larger group of investors that gives your fundraiser credibility. Here are some key steps to create a herd effect with investors. First, show how other investors have either invested or are following your deal. The more investors focus on your deal, the greater its value of it. This shows others have reviewed the deal and decided to join. This gives…
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