Podcast EP 2 - Pre-Seed Funding
In this episode we're talking about "pre-seed funding". Working out how to fund the development of a product before you even get to the stage where you have your first customer is a challenge. You can either boot-strap it yourself or look to do a pre-seed round from friends and family as well as Angel Investors. In the UK, there are some great tax breaks for investors in the early stages of a company's evolution including SEIS and EIS schemes, which makes it a great place to start a new company.
We talk about what it was like for us and some of the things we learned along the way.
The order of slides for our very first investment deck as described in the podcast:
- Intro page
- The "Ask"
- The team
- The problem
- The solution
- The market
- The competition
- Business model
- Succeses to date
- Sales forecast
References mentioned in this podcast: