Self Funded Searcher - Questions about Pitch Deck and Raising Capital

by a searcher from California State University, San Marcos

1 month ago

I'm a self-funded searcher who is diving into the world of ETA. I'm wondering what the consensus is on when to raise capital. I'm working with a mentor and coach who states that I need to raise capital only once I've gotten a deal under LOI. However, I often hear from experts on podcasts and from lenders, brokers, attorneys that I should I have investors lined up before getting a deal. What is the consensus on this? If I need to find investors before having a deal, what are ways to go about that? Do I need to create a pitch deck? If so, what type of information would I include in that, given I have no deal. Also, does anyone have a Pitch Deck example for a situation like this? 

Thank you in advance taking the time to read this post and any knowledge you might have.

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professional from University of Michigan - Ann Arbor

Hi ^Searchfunder member‌, you can do it both ways. Some searchers go to investors with a signed LOI in hand. But just as often, they seek out investors prior to signing. Either way, you can do a lot of leg work ahead of time. What kind of business are you looking to purchase? Are you networking with the right investors? What pieces of the pitch deck can you put together now rather than later? It's also okay if you pitch deck is still evolving when you start having your initial conversations. I'm always happy to talk about the legal side of taking on investors, if helpful. Reach out at --@----.com

1 month ago | like reply | 0 likes

searcher from California State University, San Marcos

Hey Rick, thanks for the comment. Seeing that there's no "right way" to go about this is I think motivating. It'll allow me to learn by doing and grow by making mistakes.

1 month ago | like reply | 1 like

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