🏁 Step 1 // How to qualify your investors

Statistically, I believe you need 120 qualified investors to get 2-3 to say “yes”. Most founders waste a ton of time talking to unqualified investors. Top reasons you’re wasting time:

1. You’re not targeting the right stage of investment

2. You’re not looking at which investors are actively investing in your sector

3. You’re taking any/every warm intro without pre-qualifying

How to qualify a solid 120 investors

• Do they invest in my sector?

• Are they actively investing?

• Do they participate at my round size?

• Are they a lead or follow at my stage?

• Do they invest or have they invested in my competition?

Resources in video:

Crunchbase Queries

Decent Medium article on how many investors you need

Example: Precursor Ventures Investment Criteria