Top 10 Tips: How To Raise Funding

So you got a cool idea, you got THE team, you build an MVP. And then what? Well then you face the, oh-so-common, struggle to get enough capital to start the ball rolling. Tienko Rasker, CEO of our alumnus Leapfunder and Mentor at Startupbootcamp Smart City & Living and E-commerce Programs, is familiar with this issue. In fact, he founded Leapfunder to help startups find early stage financing.

We asked Tienko to share his top 10 tips for dealing with investors, convertibles and raising funding.

Through his years Tienko has acted as a mentor and jury-member in the business plan competitions of Stanford, M.I.T, and Cambridge. He spent 3 years scouting for technology startups on behalf of Philips where he was also involved in divesting. He gained valuable experience in consulting at A.T. Kearney, Amsterdam and L.E.K.,London, where he worked on complex mergers & acquisitions. Today, at Leapfunder, he and his team are re-inventing the process of Angel investing, making it as easy as making a charitable donation, or buying a camera. They are reducing the size of investment and the perceived distance between the Angel and the startup.