Raising Seed Capital

I've been looking into raising seed capital myself. I came across this Slideshare presentation by Steve Schlafman on raising seed capital. It takes a look at the following questions when raising seed capital:

-What is seed capital?
-Why should I raise?
-What is the current state of the seed market?
-Who invets in startups?
-How do I prepare?
-What is the close process?
-What are some useful resources?

There is a lot written on the subject of raising seed capital but this presentation stands out with lots of great tips and advice. There is plenty of easily digestible detail. Added bonus; the useful resources at the end.

This also looks at funding tips beyond raising seed capital. There are also some great tips that you can take when looking to build partnerships or reach out to other potential stakeholders.

So if you're looking to raise seed capital take a look at the presentation below.

What is Seed Capital?

When someone is raising seed capital, they are often in the idea or conceptual stage of starting their business. It's generally pre launch or pre revenue.

It is the initial capital used to start the business. This is often provided by friends and family or the founders themselves. In comparison to potential further funding rounds this is usually a relatively small amount.

Generally, frequent investors will wait to provide funds at a later stage. At the point when the business has generated some traction or has some validation.

The goal of raising seed capital should be to get out an MVP (Minimal Viable Product). The seed capital should allow the founders to cover costs & living. So they can work on getting out the minimal product or service they need to start generating a revenue or getting customers.