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While there are many factors that influence seed fundraising, your behavior during the process makes a big difference. Here’s the most common traits of founders who successfully close their seed round.
A bad pitch can be the death of your fundraising hopes, even if you have incredible traction and technology. Thankfully, this goes both ways. A great pitch can be all you need to close a fundraising round, even if you don’t have anything more than a slide deck.
Many early stage founders go after big partnerships as they appear to be a silver bullet for growth, through increasing distribution and revenue. Even when partnerships do happen, they rarely work out well for the startup as they absorb so much time.
Interview projects are take home tests for job candidates. They demonstrate a candidate can help solve your company’s near term need, in addition to the culture and interpersonal skills reflected through in-person and phone interviews.