[dustingetz]

30 cold emails? this is 100x harder than you think. start by targeting angel investors who are experts in your space; they have more time (VCs see 5000 pitches per year and invest in 12). one well connected angel with conviction in you can provide you all the intros you need. note that getting acquired also starts with the warm intro game, so start working on it now, there is no avoiding it.

[giampaolo44]

Thanks for the wake up call, I suppose. Re targeting angel investors: even when we are talking about a 5M funding round? In continental EU it feels a bit over the powder of angels, or is it?

[dustingetz]

One well-connected angel who writes $25k checks can provide a founder intros to appropriate seed investors, and these intros are the strongest possible since they are coming from someone who has already invested or intends to invest in the round. The angel can also coach founders and help them prepare, detect weaknesses and validate their strategy, give inside information about who they are pitching etc. And they have more time to coach them whereas professional investors do not.