Fundraising – Why, How, What, Who, Interview With Arman Eshraghi, CEO & Founder, Qrvey

Arman Eshraghi, a successful serial entrepreneur, discusses the importance of fundraising at the right time.

PEOPLE

TAKEAWAYS

  1. Get to the know the partner at VC firm you’ll be working with
  2. Four pillars for a startup should master: Team, product, planning, and fundraising (capital). 
  3. Don’t rush into raising money. Grow as much as you can on your own, de-risk the business model, so you can have more leverage now, bigger exit and have a better relationship with investors.
  4. Go to VCs after you have some predictability (e.g. next 2-4 quarters worth of projections). Don’t expect them to figure out your business for you. 
  5. Read The Best Time to Engage with a VC by Arman Eshraghi

TIMELINE

  • 01:10 Arman’s bio (born, school)
  • 02:05 Overview of Qrvey, interesting history of Microsoft Windows
  • 06:55 Definition of fundraising (from a product founder’s perspective)
  • 12:00 How and when to fundraise
  • 18:38 Build relationships ahead of raising money
  • 19:05 How and what types to get started
  • 25:22 Takeaways (see above)
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