1/ Announcing the WAGBI Grant - #WereAllGonnaBuildIt!! 👷♀️🛠️
Alchemy's $25M Developer Grants Initiative
The market tanks - we #WAGBI on Web3
Here’s what it is and how you can access it:
@austinbelcak LinkedIn is such an underutilized tool. I’ve connected to some of the most amazing founders just because I commented on one of their posts. Listen to these tips they are 💯
Some key terms to be know when fundraising:
• Common stock: ordinary shares of stock, typically held by founders and employees
• Preferred stock: shares of stock with protections including a preference, meaning investors holding them will be paid back first in an acquisition
• Pre-Money Valuation: A valuation assigned to the company for purposes of pricing new Preferred shares for investors
• Post-Money Valuation: Pre-Money valuation for a financing round, plus the amount of new cash invested in that round
When you pitch to investors at any level, you have two goals:
That after you leave, they remember who you are and what you do.
If you don’t secure those two pieces of information into an investor’s brain, you won’t find any success fundraising
#fundraising#founder#vc#pitch