Frozen Coffee Founder's Tips For Locking Down Investors

The Hustle · Intermediate ·🚀 Entrepreneurship & Startups ·3y ago

Key Takeaways

Cometeer founder Matthew Roberts shares tips for raising money from investors, including getting attention through cold outreach, ensuring a good match with lead investors, and looking for value beyond their investment.

Full Transcript

this is a capsule of cometeer the world's first frozen coffee pod you just drop and drink according to ink.com it took CEO Matthew Roberts seven years to perfect the cometeer it also took a hundred million dollars from high profile seed investors including Executives from Dollar Shave Club and Warby Parker and past execs from Starbucks and espresso if you're looking to take your product to the next level Roberts has a few tips for landing deals with investors you want first get attention any way you can Roberts told inc.com he cold dm'd a former Keurig owner on LinkedIn the move kick-started a deal with commentary's largest seed investor second make sure it's a good match Roberts suggests spending days not hours with the lead investors it'll be easier to see who's really committed to your vision and third look for how investors can add value beyond their money if they can connect you to Reliable clients Distributors and hires that's huge now go raise some money

Original Description

Subscribe to The Hustle Daily Newsletter now: https://clickhubspot.com/vss For seven years, Cometeer founder Matthew Roberts worked on perfecting the frozen coffee pods that he would bring to scale. In the meantime, he also worked on raising money - a LOT of money. By its Series B round, Cometeer had raised $100 million from high-profile investors who had hailed from places like Warby Parker, Starbucks, and Nespresso.
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Cometeer founder Matthew Roberts shares his experience and tips for raising money from investors, including the importance of getting attention, ensuring a good match, and looking for value beyond investment. By following these tips, entrepreneurs can increase their chances of securing funding and growing their startup.

Key Takeaways
  1. Identify potential investors and get their attention through cold outreach
  2. Research and ensure a good match with lead investors
  3. Spend time with lead investors to gauge their commitment to your vision
  4. Look for investors who can add value beyond their money
  5. Leverage investor connections to access reliable clients, distributors, and hires
💡 Investors can add value beyond their money by connecting you to reliable clients, distributors, and hires, which can be a huge asset for startups

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