How To Prepare Your Startup To Raise An Angel Round

A recent email from an entrepreneur and complete stranger read: "We need to raise money. Who can you introduce us to?" I quickly encouraged him to submit his startup to?AngelList?but?a?few days later he returned with, "I messaged the AngelList founder and he didn't respond. Can you give me some tips?" This post is for you buddy. Approaching a well known Silicon Valley angel investor cold with the expectation that they'll fund you, is like walking up to a beautiful stranger and expecting you'll be planning a wedding by the end of the conversation. For the masses, if you want top tier funding, there is a process or roadmap in most cases you can follow (ignore the geniuses and exceptions). Attempting to bypass it shows a lack of consideration and basic intelligence of how the funding process works.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/r_bU5Vct7ig/

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