Startup Funding Espresso – Bring Three Stats for Your Startup Fundraising

Bring Three Stats for Your Startup Fundraising Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In raising funding, it's important to showcase the key numbers behind your business. Here are three statistics for your startup fundraise: Revenue traction -- show what traction you have so far including the dollar amount and the growth rate. Customers need to know where you are on the revenue-generating path and how fast it's going. A 50% annual growth rate is the minimum for a venture investment. Customer pain point -- show how much the problem you are solving is currently costing the customer or the economy. This number needs to be big and in most cases growing. Customer ROI -- show what value in numbers your customer receives from your product. This could include both productivity improvements and cost reductions. A good rule of thumb is you want this to be a 10X increase. The key numbers reflect the problem, the solution, and the startup's effectiveness. Show these three numbers in your startup fundraising. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact [email protected] Please follow, share, and leave a review. Music courtesy of Bensound.