Entrepreneurship shouldn’t be a solitary endeavor. It takes a village to raise a child, and it also takes a village for aspiring founders to accomplish their ambitious goals. That’s why we are thrilled to unveil Eleven Platform, the epiphany of our commitment to providing structured, scalable support to our founders and becoming their trusted partner throughout their entrepreneurial journey.
Continue readingBuilding your investor data room 101
When it comes to approaching investors, many entrepreneurs make a common mistake. They start the process before having all the necessary resources in place, leading to delays, bottlenecks, and a loss of momentum. To avoid these pitfalls, learn which are the essential items every founder needs in their data room and how to make a lasting impression on potential investors.
Continue readingEleven’s next chapter: Helping startups succeed in the age of AI
At Eleven, we recognize the potential of AI and its impact on our industry and society as a whole. And we are always looking for ways to stay ahead of the curve and provide the best possible support for our founders. That’s why we’re thrilled to announce our focus on AI-powered growth and the appointment of Petar Petrov as our Chief AI Officer.
Continue readingRaising the bar: How to crush your next fundraising round?
Preparing for a fundraising round is not just about having a great pitch. It requires careful planning, relationship building, and strategic execution. From creating a hit list of investors to laying the groundwork early, we’ve got the insider tips you need to prepare for your next fundraising round and drive your startup forward.
Continue readingThe founder’s personality. What do we look for?
At Eleven, we believe that the founder’s personality is one of the most important factors in determining the company’s trajectory. We invest in people, not just ideas, and we are committed to finding founders who share our values and vision for the future. In this article, we focus on what we call “the founder profile” – the personal qualities that are critically important to us and reveal if there is a match between us and a founding team.
Continue readingHow a “killer feature” can substitute an entire sales team – SMSBump Case Study
Following Mihail and Georgi’s debut on the cover of Forbes, we thought that it might be a good occasion to share with you some of our findings and take a trip down memory lane together. We talk about “killer features”, the crucial role of customers in a product-led company, and what the founders are taking with them into their new venture.
Continue readingThe storyline that will get you funded
The storyline that will get you funded should make investors wish they are part of it. It is clear, logical, convincing and flows easily. At Eleven we have reviewed tons of pitch decks. Here are our learnings summarized in a playbook, hoping they will help you with your stories.
Continue readingWhat is a founder-friendly Term Sheet? Publishing ours.
Transparency is important for us and so is playing fair. This is why we have decided to make our Term Sheet for the Eleven Alpha program public and explain in detail all terms and clauses in it.
Continue readingWeathering the storm – the advice we give to our founders
We felt it would be valuable to bring our community together, give our two cents and build upon what has already been said on the topic of navigating through turbulent times. Learn our advice and what it means for you and the road ahead as a founder.
Continue readingHow to spot the best VC fund for your startup?
Curious to learn what’s common between running shoes and VC funds? Daniel Tomov, Founding Partner at Eleven, shares insightful tips & tricks on the art of finding the best VC fund for your early-stage startup.
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