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How I will raise 500.000$

by allegandro
3 replies
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For my project I want to raise a 500.000$ investment.

Last week I met the first investors and soon I will meet the second. The first investors are enthusiastic and see the great potential. The pitch went not very smooth(I and was completely lost in words), because I was more than a little nervous, but it ended well.

So next week I hope to have my second pitch with another invester who is also interested, and I would be great to have some feedback from you guys.
I already watched 40 episodes from the Dragons Den (Shark Tank in the USA I think) this last weeks and learned a lot from it. It's not my first time that I raise money, it will be the 3th round of investment, this one that has to do it. Even when we not get it, we will do good, but with an investment we will do better.

To give you some idea's.
We just signed our first commercial contract, with a value of 100.000$ a year.
The project is 14 months old, and has 32.000.000 pages.
And really a lot of unique futures and posibilities
If you want, have a quick or longer look at the project. WEBSITE

If you have any feedback to give me how you would handle the pitch, please share it. Maybe you did it yourself or you know a good website or video to learn from let me know.

Thanks
  • Profile picture of the author David Beroff
    The important thing here is to put yourself in their shoes: Why do you need the money and what are you going to do with it? How exactly is that going to translate into a return on investment? (Ideally, when and how much return, although it is illegal in the US to actually answer that.)

    You mention Shark Tank. The entrepreneurs who succeed on that program answer the above questions. The ones who don't, don't.

    Just my two cents.
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    • Profile picture of the author allegandro
      Originally Posted by David Beroff View Post

      The important thing here is to put yourself in their shoes: Why do you need the money and what are you going to do with it? How exactly is that going to translate into a return on investment?
      That one I can answer, I can explain why I need it, for what I will use it, what will create the extra value of their investment and what will be there ROI.



      Originally Posted by David Beroff View Post

      (Ideally, when and how much return, although it is illegal in the US to actually answer that.)
      Can you tell me more about that, why is it forbidden, looks strange for me, if I want to invest in a project, I want to know when i get back and what will be my ROI.
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      Meow!

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      • Profile picture of the author David Beroff
        Originally Posted by allegandro View Post

        Can you tell me more about that, why is it forbidden, looks strange for me, if I want to invest in a project, I want to know when i get back and what will be my ROI.
        Of course. But US laws, under the FTC (for marketing), the SEC (for financial investments), and probably other areas as well, state that you can't promise what will happen to an investment in the future. Laws in your country may differ.
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