So, you have decided that you want to start a company. Perhaps you have already got a team together, or even an MVP. That’s great! You have probably spent the last few months working more than full-time on this idea. Perhaps you have been financing this personally, or you have taken a loan from your parents or your friends.
Now it is time for you to raise money. Surely investors will see the value in what you are proposing, right?
Well, not necessarily. As a serial Founder myself, and a young one at that, I know the pains that come with asking investors to part with their hard-earned (or sometimes not so hard-earned) loot. I also know what it’s like to be confident in my and my team’s own abilities, and like any serious Founder, I have believed in the vision of my previous companies and my team’s capacity to execute this vision. But here’s the thing about putting the blinders on and running after any goal…You become blind to your weaknesses and vulnerabilities!
Looking back at my first venture, a company that would “pay people to party”, brings up mixed emotions. In hindsight, it seems obvious now why it imploded. Too many co-founders, we were all young, naïve, and inexperienced, and cocky at that. I do not regret my start-up experiences or the lessons that I learned, but of course I still wonder what would have happened if we had done things differently.
And that is why I am so excited about what I’ve been building with the team behind Invluencer Ltd. Over the last year, we have analyzed hundreds of early-stage companies and can now accurately predict the likelihood that an early-stage venture will succeed or flounder. Even more than that, we can give specific insights into where a young company needs to improve to flourish. If this tool had existed when I founded my first company, perhaps things would have gone differently for me.
With our tool, a founder can gain invaluable insights into how their venture compares to other ventures like it. We use advanced machine learning as well as our own proprietary framework in order to deliver robust analyses of young ventures within 24 hours. Running my first company through the process, I found what in hindsight I know to be true: that we had too many co-founders, were far too young and inexperienced, and that I myself did not have enough experience to be our CEO.
Feedback is so crucial for any early venture to succeed. It is my hope that other founders can benefit from what we have built, take off their blinders and see where they need to improve prior to going out for fundraising.
If you are interested in trying it out, please email your pitch deck to firstname.lastname@example.org and we will have an analysis for you (free of charge) within 24 hours.