Adam Draper pitched 3,000 investors to close 35 LPs for $6.6M fund
Adam Draper · 20VC: Investing In The Next Frontiers Of Tech & Harry Potter with Adam Draper, Founder & CEO @ Boost VC · Feb 24, 2016 · at 6:25
Adam Draper, founder of Boost VC, describes the sales funnel and conversion metrics he experienced when raising his early venture fund.
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“I so it took me 12 months to raise my money. So, so from when I opened to raise money to close, it was like no, no, Back in 2013 to november 2220 14, and I closed 6.6 million bucks. I had to, I reached out to probably 3000 investors. I ended up meeting with about 350, and I ended up closing with about 35 investors, and so it was about a rule of 10 for me to end up raising my funds.”
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