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Wednesday, May 21, 2014

Fundraising from Friends and Family | Startup America Partnership

Fundraising from Friends and Family | Startup America Partnership: "Having just raised nearly $1,000,000 in an Angel Round for ContractRoom, a cloud-based, business-to-business (B2B), negotiation and contracting process automation software, I know first-hand how difficult it can be to ask friends and family for money.  Here are a few suggestions that worked for our fundraising efforts:

1. Remember, you are presenting an opportunity.  Asking for money from your close contacts is tough.  But, imagine how upset they will be if you don’t ask them, and your company becomes a huge success? "



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