How to source venture deals as a micro VC? 👇
- Big VC firms have a sorted deal flow but micro VCs and Angel Investors don't get many deals and opportunities, I will be listing down some ways through which you can source new deals.
1) Build a personal brand.
> Even though I am not an investor, I receive many messages from founders looking to raise funds and seek some help. This is because I post content revolving around startups and venture capital. Increase your visibility on the platform, create a recall value for yourself, so that whenever someone is looking to raise funds, they approach you first.
2) Network with startup and entrepreneurship club of colleges.
> Reach out to entrepreneurship cell of the colleges, have a regular look at their social media handles, whenever someone is starting up from their college, you can reach out to them or the cell can reach out to you so that they can help the student founder.
3) Endless scrolling
> Keep scrolling on LinkedIn everyday, check the comment section of top tier VCs, they receive many comments from founders seeking to raise funds, you can reach out to these founders.
4) Checkout Medial app's startup showcase section
> Medial app has a section where founder's can showcase their startups, currently they have more than 200 early stage startups, you can sort them according to your needs and reach out to the founders. (link in comments)
5) Build connections with scouts and people in the industry
> Reach out to your fellow VCs, build connection with them so that if they get a deal, which they are not interested in, they can pass it to you. Build connections with scouts, They will scout startups for you. I too have referred many startups to VCs.
There are many methods to source new deals in the VC world, but I have listed the top 5 methods, which I feel will be very helpful for new VCs.
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