Silicon Valley investors can make a huge impact on the success of your startup. From funding to operations, every experienced investor has tactical expertise they offer to entrepreneurs. However, if you do not have the business partners or connections, it can be very difficult to get funding for your startup. Fortunately, you can make the funding process a lot smoother. You just have to know what investors want and where to look for them. In this post, we’ll give you the steps on how to get Silicon Valley investors for your startup.
Create A Pitch Deck
To get started, you will need a pitch deck. Most Silicon investors want to see an overview of the business idea before they even consider meeting with you. Take the time to create a beautiful and well articulated pitch deck. It should include answers to all the basics about the business. When written effectively, the pitch deck should address investor concerns like scalability, market size and operational competence. The slides can create a lasting first impression. Make sure they are simple, straightforward and easy to understand. This will show the Silicon Valley investors that you are focused on the products or services that you plan to offer.
In order to attract Silicon Valley investors, you need to research who to pitch to. There are many different types of startup investors. You have venture capitalists, private equity firms or angel investors. Moreover, there are investors with large portfolios of companies. All of these investors are looking for different types of companies. You need to do a little research on which Silicon Valley investors would fit they industry and size of your company. Of course, if you decided to pitch an investor that is looking for much larger investments, you could end up wasting time. Meanwhile, you don’t want to find an investor that is looking for a small business valuation as well.
Consider The Level Of Support Needed
As mentioned, every startup investor can bring a different set of skills and experience to the table. You need to identify what kind of role the investor should take on. If you take the time to analyze your needs, it could help you narrow your search for a Silicon Valley investor. For example, an investor with dozens of portfolio companies may not have the time or capacity to over direction. On the other hand, a venture capitalist in the valley might have more advice on HR for startups to ensure the company’s success. Depending on how much support your startup needs, you can look for Silicon Valley investors who can meet those requirements.
Land a Pitch Meeting
Once you have narrowed down your search for Silicon Valley investors, start contacting them to set up a pitch meeting. Many of them might ask you to send over your slide deck right away. Be prepared to send over your slides quickly and give a 30-second elevator pitch over the phone if asked. If you don’t have any direct contacts for investors in Silicon Valley, attend some networking events. You can easily build some rapport and set up some meetings. Whether you reach out in person or online, be persistent in your efforts. Before you know it, you will be in your first set of pitch meetings.
Finding Silicon Valley investors is a time consuming process. Make it easier for yourself by creating an easy to understand pitch deck. Research the investors that are around the area. Get a very clear idea of the level of involvement you would like from the investor. Then, start reaching out to set up a pitch meeting. These are highly effective steps to get Silicon Valley investors to take interest in your startup.