Raise Millions by Hustle Fund VC Page 120 effort. Don’t leave it for after you’ve accepted their offer because once you’re locked in, it’s important to honor your commitments. This is why doing your investor due diligence between these two stages is ideal. Any good investor will give you enough time to conduct these calls because that is what a responsible steward of capital should do. Don’t skip the references as Drew did. You’re starting a long-term relationship with your investors. Spending a little extra effort at the beginning may save you a lot of pain down the road. What to expect when you’re expecting VC funding When you accept money from a VC, there’s a checklist of things that they need to verify before they're legally allowed to wire money to you. Things like: ● Certificate of incorporation ● Bylaws ● Board consents ● Founder stock purchase agreements ● Option plans ● 409a valuations ● Cap tables hustlefund.vc / @hustlefundvc
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