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.
Continue readingWhat do we look for when investing in a startup?
What do investors look for when investing in a startup? The quick answer is that each VC has its own approach. We thought we would make it a bit easier for founders by sharing our approach.
Continue readingThe founder-investor relationship – how to make it work
When we think about a fruitful and supportive collaboration between a founder and a partner in our experience, we can’t help but notice the strong connection between our Partner, Vssil Terziev and Payhawk’s CEO, Hristo Borisov. We managed to catch both of them during a longer car trip and get their take on the formula for a great link between a founder and a VC.
Continue readingNavigating a successful pivot
Pivoting is one of the most annoying buzzwords in the startup world and often used by entrepreneurs as an excuse for failing with nothing (substantial) to show as traction. Ivaylo Simov shares his tips on how to turn pivoting from a useless wandering to something that actually has a direction.
Continue readingMarket sizing – the ultimate quickstart guide
Getting to a dominant market position is essential for long-term success. However, most of the young CEOs make a cardinal mistake – they extract the market size from Gartner, McKinsey, and what not reports and see big numbers. But the truth is that market size is heavily dependent on your business model.
Continue readingHow to raise a $112M Series B after a record Series A, starting from SEE
In our continuous efforts to systemize and share company-building knowledge among founders, we sat down for a conversation with Hristo to understand and summarize some of his top tips on the process of fundraising.
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