Chapter
Innovative Fundraising Strategy for a VC Fund
28:11 - 31:11 (03:00)
A legitimate VC fund was able to raise capital by cold emailing the alumni database of Wharton, and offering them the opportunity to invest in MBA entrepreneurs from top business schools. This strategy allows them to raise funds from wealthy alumni who would not typically have access to VC funds.
Clips
Two entrepreneurs started a legitimate venture capital fund by utilizing the Wharton alumni database to cold email MBA alumni from Wharton, Harvard, and Stanford to invest in business school graduates.
28:11 - 30:36 (02:24)
Summary
Two entrepreneurs started a legitimate venture capital fund by utilizing the Wharton alumni database to cold email MBA alumni from Wharton, Harvard, and Stanford to invest in business school graduates. This method allowed them to raise sufficient funds, primarily from wealthy alumni without any prior access to super high net worth people.
ChapterInnovative Fundraising Strategy for a VC Fund
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
The demand for nontraditional approaches to startups is in high demand from investors, with a surge in companies looking to fund interesting and innovative ideas.
30:36 - 31:11 (00:35)
Summary
The demand for nontraditional approaches to startups is in high demand from investors, with a surge in companies looking to fund interesting and innovative ideas.