I'm excited to announce the release of episode 9 of Fundraising Demystified, featuring an insightful conversation with Jens Neuse, co-founder of Wundergraph, a next-generation framework to optimize frontend, backend, & full-stack developer workflow.
They've recently raised a $3MM Seed round. We talk about how founders need to understand the VC game, why cold emails won’t work & why founders should focus on building a brand instead, & why he thinks the pitch deck isn’t as important as most think it should be.
Here's what we discussed:
- The journey of Wundergraph, from a self-taught software engineer to starting a successful company.
- The challenges faced during the fundraising process and the importance of finding the right partners.
- Understanding Venture Market Fit (VMF) and how it can help founders attract the attention of venture capitalists.
- The significance of building a strong brand, being accessible to VCs, and strategically timing funding announcements.
- Insights on the fundraising journey, including the role of cold outreach, the true value of a pitch deck, and the importance of showcasing a strong team and traction.
Key Takeaways:
- Building a business that aligns with venture capitalists' interests is crucial for fundraising success.
- Focus on developing a strong brand and being accessible to VCs, rather than solely relying on cold emails.
- Instead of obsessing over the perfect pitch deck, prioritize demonstrating traction and a proven business model.
- Timing and strategically leveraging funding announcements can be an effective marketing and client acquisition tool.
- Consider if venture capital is the right path for your business, and explore alternative funding methods if needed.
If you're interested in learning more about Wundergraph, their journey, and Jens' insights, I highly recommend tuning in to this episode. You can find it on our podcast platform or website.
As always, we appreciate your support and feedback. If you have any questions or suggestions for future episodes, feel free to reach out.
Links mentioned:
Wundergraph website - https://wundergraph.com/
Follow Jens on Twitter - https://twitter.com/jensneuse_de
Follow Jens on Linkedin - https://www.linkedin.com/in/jens-neuse-706673195
Hosted by Jason Kirby - https://www.linkedin.com/in/jasonrkirby/
Thunder website - https://web.thunder.vc
Podcast on Spotify: https://open.spotify.com/show/4OMEcQ3xYrs2K8RFIB4A3U
Email Jason at [email protected]
Thank you for tuning in to Fundraising Demystified. Stay tuned for more episodes featuring founders and investors sharing their stories and insights.