15 lessons from our seed round
TRANSCRIPT
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15 lessons from our seed round
Marcos Alba – July 2016 @tetuanvalley Malaga Startup School
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Avoid fundraising (if you can)
@SocialBets
Lesson 1
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It is the most difficult (and fun) thing you’ll ever do
Lesson 2
@SocialBets
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It will take (much) longer than you think
Lesson 3
@SocialBets
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TracKon is what only maLers
Lesson 4
@SocialBets
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You only need 1 investor
Lesson 5
@SocialBets
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FOMO is your friend
Lesson 6
@SocialBets
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Reduce uncertainty (progressively)
Lesson 7
@SocialBets
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Never lie
Lesson 8
@SocialBets
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You need to invest first
Lesson 9
@SocialBets
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Think big, start small
Lesson 10
@SocialBets
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Run from investors that want to “review” your business plan
Lesson 11
@SocialBets
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Ask everyone for money
Lesson 12
@SocialBets
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Good projects teams always get funding
Lesson 13
@SocialBets
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Embrace rejecKon
Lesson 14
@SocialBets
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Learn from every step
Lesson 15
@SocialBets
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Thanks!
@MAlbaRegidor