Why Startups Fail Series

What To Do Before Asking for Funds

Event Overview

There is a lot to think about when raising funds, but one of the biggest mistakes a startup can make is to ask for money before they are ready. Here's a checklist for your startup’s funding!

Business journeys are always arduous. Financials should be adequately accounted for and presented fairly and reasonably. With the figures in place, businesses can build credibility to interested parties when it comes to fundraising.

Jeslin Bay, Managing Partner of BlackStorm Consulting

What is this about?

Startup failure is inevitable, even with the most experienced entrepreneurs and seasoned investors--it's impossible to predict every possible obstacle your startup could encounter.

Pirate3D set out to change the world of 3D printing by creating an affordable and accessible solution for consumers. Offering a simple, innovative, and cost-effective way of 3D printing, it looked to build on the recent advancements in consumer 3D printing technology.

Formerly regarded as one of Singapore's most promising tech startups making waves on Kickstarter, Pirate3D has faced an unfortunate end. In this podcast, you will learn about the company's history, how it could have prevented the failure, and what you can learn from the project's mistakes.

The Article

People search for advice on their startups all the time. No surprise there.
We've hand-picked an article for you to read. Enjoy!

When setting up a business for financial success, there are many things to think about. We'll go over important things to think about when it comes to a startup fundraising in this short free article. So, what should you do before asking for funds?

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