Posted by The Founding Member on 2008-06-15
Members, I am proud to announce the release of a free service for Members-only, TheFunded Connect. Fundraising companies can now post a pitch and a list of target investors under the new 'connect' tab on TheFunded.com. Then, Members can introduce the fundraising companies they like to the investors they know.
Investors traditionally respond more favorably to referrals from existing portfolio companies, but it's often difficult and time-consuming to organize high quality introductions. TheFunded Connect is designed to properly introduce a company raising capital to as many as 30 investors in less than a month. In initial testing, Sequoia Capital, Draper Fisher Jurvetson, Clearstone Venture Partners, and Altos Ventures all set up meetings within 6 hours of being introduced to a company using the new technology. The process is simple:
1. Fundraising companies post a Pitch on TheFunded Connect.
2. Members comment on the pitch to refine the message.
3. Members recommend appropriate investors for the business.
4. Members introduce the fundraising CEO to investors.
Just 12 months ago, raising money for a start-up was a lot harder than it is today. Thanks to your contributions, TheFunded.com has improved this vital form of financing, but this is only the beginning. With your continued help, we can give the next generation of companies a different and positive experience raising capital.
Thank you, and we hope you take the time to introduce another company to investors under 'connect.' Enjoy!PRIVATE: Members Only