Why Does the Spray and Pray Method Fail in Capital Raising?
Why the 'Spray and Pray' Method Fails in Capital Raising The video discusses the ineffectiveness of the 'spray and pray' method used by founders when reaching out to investors on platforms like LinkedIn. It highlights that the approach fails due to high volume and poor targeting, leading investors to become desensitized to such messages. The video also touches on how new venture capitalists initially aim to respond to all messages but eventually grow jaded and ignore their DMs due to th...
Why the 'Spray and Pray' Method Fails in Capital Raising
The video discusses the ineffectiveness of the 'spray and pray' method used by founders when reaching out to investors on platforms like LinkedIn.
It highlights that the approach fails due to high volume and poor targeting, leading investors to become desensitized to such messages. The video also touches on how new venture capitalists initially aim to respond to all messages but eventually grow jaded and ignore their DMs due to the overwhelming amount of low-quality outreach.
Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered legal, financial, or compliance advice. This podcast is not a substitute for professional advice. All views and opinions expressed by the host and guests are their own and do not necessarily reflect the policies or positions of any regulatory agency, organization, or employer. Listeners are encouraged to consult their own compliance teams, legal counsel, or financial advisors to ensure adherence to applicable regulations, including SEC, FINRA, and other industry-specific requirements. This podcast does not constitute a solicitation or recommendation for any financial products or services.
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Stephane Nasser
Cofounder, OpenVC
Stephane Nasser is the co-founder and CEO of OpenVC, an open platform that connects tech founders with early-stage investors. Prior to OpenVC, worked at the intersection of tech entrepreneurship and venture capital at Microsoft Accelerator in France and Fabernovel in San Francisco. A passionate entrepreneur, Stephane shares actionable insights through his blog and social media.