how to fundraise for your startup in us

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GrabCAD at Garage48 HUB on 26th of July 2011 giving lesson about fundraising in US: about GrabCAD and 3 short lessons to learn.

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Hardi Meybaum, CEOfounders @ grabcad.com@grabcad

Hardi Meybaumtwitter: @hardi_meybaum

GrabCADGrabCAD

- increases sales- increases sales

“Want to design the lightest electric superbike?”

99 designs for CAD

One week, 150 different design ideasOne week, 150 different design ideas

Who am I to teach you?Who am I to teach you?

• Raised 1.5M+ USD from 15 investors (13 outside Europe)

• Only Company who have won both SeedCamp and Techstars

Who did I get there?Who did I get there?

~ 800 new connection in 9 months~ 70 presentation to ~ 3000 people

~ GrabCAD_presentation_ver281 .. and counting

Lesson learnedLesson learned

Accelerators are nice, but expensive

be

Man/Women to take advantage

Lesson learnedLesson learned

Network like crazy

you

never know who will play important role

Lesson learnedLesson learned

You don’t ask money

you

will help investor make more money

Lesson learnedLesson learned

And this is all irrelevant

if

Your product doesn’t have traction

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