In funding startups, investors need to find a source of deal flow that provides venture-fundable deals:
Venture funded companies typically share these characteristics:
- recurring or repeat revenue business model
- doubling revenue year over year
- tech enabled
- strong team with industry experience
- large target market allowing the firm to scale
In searching for a startup to invest you should look for all of these characteristics.
There are online tools for identifying quality deals including portals, syndicates, and other groups. TEN Capital provides this type of deal flow at no cost to the investor.
Hall T. Martin is the founder of TEN Capital and a builder of entrepreneur ecosystems by startup funding through angel networks, funding portals, syndicates, and more. Connect with him about fundraising, business growth, and emerging technologies.