Are you ready to raise money now?
Developing a deeper understanding of capital and how it works increases your chance of success.
“Imitation is the sincerest form of flattery that mediocrity can pay to greatness.” – Oscar Wilde
There is an abundance of information, advice and stories about fundraising. The celebration of fundraising leads founders to seek out this advice and compare their progress and their company to the stories. The challenge is that no one shares the whole story.
“You can’t handle the truth” Colonel Jessup, A Few Good Men
Comparing yourself to other founders' journeys is the path to frustration and sadness. No one shares the whole story and your story is not going to be an exact match. No two early stage companies are exactly the same. Yet much of the advice for early stage founders is generalised; with fundraising strategies or targets that are pulled out of thin air.
At Eigenspace, we work with founders to make sure you have everything you need to build a category-defining company. From strategic finance, go-to-market, hiring and beyond, we want founders to understand the motivation and growth expectations of venture capital. So founders can make informed decisions about their company and its future. We work with you to find your path to success, and build an effective plan for growth.
Venture Capital is for growth
The top mistake I have seen founders make is that they approach raising venture capital money like it is a personal finance problem. The function and emotion of the money is different. The question is not can I make enough money to make the payments to live in the location or lifestyle desired.
Venture capital is focused on growth. The money will buy time. The time to achieve something. And the something has to be sufficiently attractive to the next set of investors who will invest more money. Equity investment does buy you time but in that time you have to not just achieve something but also demonstrate momentum in achieving something bigger. What that something bigger is depends on your product, the market, and a few other factors.
Focused on founders
We are focused on preparing founders to build venture funded companies.
Our mission is to help founders understand the motivations and expectations in raising their first round of equity financing. We know that company building requires a unique blend of recruiting, product development, go-to-market and financing. Our focus is to help founders prepare by learning, connect with peers and be held accountable to growth milestones and make progress.
Building momentum and increasing your chance of success.
Our program is focused on founders that think they are raising their first round of financing in the next 6 months. We can help you understand the process and develop a plan that will greatly increase your chance of success in not only raising that round but keeping that momentum going.