Vc dating

09-Feb-2017 19:03

According to CB Insights, VCs invested a mere .8 million into online and mobile dating startups in 2014 – that amount is nothing when compared to the larger startup landscape, in which 0 million deals to individual companies have increasingly become a norm.Over the span of the last five years, in fact, dating startups have raised a paltry overall amount every year – with no year seeing a surfeit of 0 million..action_button.action_button:active.action_button:hover.action_button:focus,.action_button:hover.action_button:focus .count,.action_button:hover .count.action_button:focus .count:before,.action_button:hover .count:before.u-margin-left--sm.u-flex.u-flex-auto.u-flex-none.bullet. Error Banner.fade_out.modal_overlay.modal_overlay .modal_wrapper.modal_overlay [email protected](max-width:630px)@media(max-width:630px).modal_overlay .modal_fixed_close.modal_overlay .modal_fixed_close:before.modal_overlay .modal_fixed_close:before.modal_overlay .modal_fixed_close:before.modal_overlay .modal_fixed_close:hover:before. Here’s a simple fact: It’s super hard to get a dating product funded by mainstream Silicon Valley investors, even though it’s a favorite startup category from 20-something entrepreneurs.There’s a large swath of angels/funds who categorically refuse to invest in the dating category in the same way that many refuse to invest in games, hardware, gambling, etc.Look for the firms or individuals that match this profile. I guarantee it.) It’s time for you to turn on that charm.Browse through the member list of the National Venture Capital Association, and use funding data resources like CB Insights, Crunchbase, or Start Up Health Insights to find firms that have invested in your space. Do they only invest in companies with million in annual recurring revenue (ARR)? Make sure these questions are answered before beginning your outreach. Search for an individual at each firm to see if you are already connected or have a mutual connection who can introduce you. There is no bar that you can go to and ask to buy a VC a drink. Every first meeting with a VC is going to be as awkward as every first date you’ve ever had.

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Unless you truly believe you can provide something better than Tinder, it’s better off starting a company in a different industry.Here are the reasons usually given for why investors don’t do dating: Let’s break it down.Built-in churn Churn sucks, and the better your dating product works, the more your customers will churn*.You can expect to meet people from companies such as IBB Beteiligungsgesellschaft, Elephant&Castle Capital, Deutsche Bank and many more.There will also be an opportunity to meet Christoph Räthke, founder of Berlin Startup Academy, as his G-Force meet-up is taking place during Startupnight.

Unless you truly believe you can provide something better than Tinder, it’s better off starting a company in a different industry.

Here are the reasons usually given for why investors don’t do dating: Let’s break it down.

Built-in churn Churn sucks, and the better your dating product works, the more your customers will churn*.

You can expect to meet people from companies such as IBB Beteiligungsgesellschaft, Elephant&Castle Capital, Deutsche Bank and many more.

There will also be an opportunity to meet Christoph Räthke, founder of Berlin Startup Academy, as his G-Force meet-up is taking place during Startupnight.

In 2013, the figures were at a depressingly low .2 million – that’s .2 million for an entire subsection of the startup economy.