SeedInvest is one of our favorites crowdfunding platform, because a successful startup requires more than just a good idea. It needs a team of savvy founders and advisors to turn an idea into an actual product and company. It’s difficult. Even experienced executives struggle to launch startups. Since its inception in 2013, SeedInvest has conducted raises for more than 150 companies, raising more than $100 million. In that time, SeedInvest has had more than 25,000 startups apply to raise capital on its platform. Only about 1% have made the grade.
The due diligence SeedInvest do is critical. It provides a kind of guiding light. Rather than taking a shot in the dark, you’re reaching into a basket of startups with the best potential for success. As an investor, you must do your own due diligence when vetting investments. But humans are emotional beings. It can be easy, especially in startup land, for investors to fall in love with a particular company and fail to account for all its risks. If you stop paying attention to the metrics, projected expenditures, raise amounts, use of funds, etc.,you can end up on a sinking ship.
SeedInvest can help make the journey a little bit easier.