Raise Millions by Hustle Fund VC Page 135 ● Incorporate your company as a Delaware C-Corp and take advantage of many benefits, including saving money on taxes through the Qualified Small Business Stock (QSBS). ● Raising money through post-money SAFEs is often the easiest and most cost-effective way to fundraise for early startups. Use a tool like Pulley to keep track of your cap table at all times. ● How much equity you give up will depend largely on the amount your startup raises and the valuation at which you raise. In general, it’s best to save as much equity as you can to allocate it to people who can meaningfully help push the business forward like investors (through capital and strategic help) and key employees. ● Determining your valuation is more of an art than a science, especially if you have an early-stage startup. Beyond factors like revenue, team, and market, what is oftentimes most important is investor demand. ● Be aware of the current market conditions. Do your research on how the market is before you fundraise. This will impact your fundraising strategy. ● The best months to fundraise are from January - May and September - November. Avoid fundraising in August and during the Thanksgiving - New Year period. hustlefund.vc / @hustlefundvc
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