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Newbies fund-raising. Need help asap!

We have a call with Ultra VC on Monday and wanted some input from the community: 🤟

  • What is the best way to approach the call and what are the 3 absolute must questions to ask?

  • How do we negotiate equity? On the website, they specify that they allocate $70k but they don’t specify for how much %. In this case, what is the go-to approach?

  • How to be bullish without showing off?

  • From your previous experiences, what are the absolute ‘no-goes’ when trying to raise?

Thanks so much, will let you guys know the outcome!

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    Do you have revenue or just an idea? What are you planning to show? What happened prior to getting the call? Do you have other calls scheduled or other VCs in process? Are you desperate or ok to walk away? Is this your first and only one?

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      Hey, we don't have revenue but we already have users. We serviced around 70 people with an NPS of 8.2. We are okay to walk away but we really like the VC.

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