Questions

We are an engineering services firm that is in beta testing on software. To date we have self funded, but we are thinking about seeking investment to get us to the next level, as well as an experienced investor who can help us avoid landmines.

Hi,
Good question. I agree with several others that you should not use an investment banker to raise seed money.

Have you done any market/customer validation of your software. This is really important before you start raising money from outside investors. Investors will ask.

I am working with other start-ups (including my own) on how to raise money without bringing in outside investors. The best case scenario is talk potential customers to do a proof-of-concept, feasibility project.

I am happy to talk through the various options with you if you set-up a call.


Answered 5 years ago

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