De-risking tech startups for pre-seed investors through SkilledUp Life Volunteers

    De-risking tech startups for pre-seed investors through SkilledUp Life Volunteers

    S
    @skilleduplife
    6 Followers
    6 months ago 656

    AIAI Summary

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    Key Insights

    De-riskingtech
startups forpre-seed
investors through
skilledvolunteers
Create the investor demand for multiple Term Sheets
2020-2024 Copyrights SkilledUp Life
www.skilledup.life
@skilleduplife
    1/9
    2020-2024 Copyrights SkilledUp Life
2024 isaterrible yearfor venture capital
Data source: Deal Lite www.deallite.uk
    2/9
    Ideal
Founder
Position
You de-risked your business for
Pre-Seed investment.
You receive multiple term
sheets.
You are in the driving seat.
Big market - underserved - deep
understanding of the problem - greater
Founder/Market fit
Initial product launched - users flocking in -
growing revenues - getting closer to £10k
MRR
Need capital for increasing the growth rate
and not for proving the market need.
You have the initial team in place.
www.skilledup.life
@skilleduplife
2020-2024 Copyrights SkilledUp Life
    3/9
    Manoj Ranaweera
Building tech startups since 2004 - yes 20
years!
Currently running:
Techcelerate: know how of building tech
startups
Deal Lite: Find best-fit investors who
have backed UK tech startups
SkilledUp Life: 50,000+ skilled
volunteers for tech startups
manoj.ranaweera@skilledup.life
2020-2024 Copyrights SkilledUp Life
www.skilledup.life
@skilleduplife
    4/9
    3basics to
excitepre-seed
investors
Team
Founder/Market/Problem Fit
Product team
Customer development team
(marketing & sales)
Market opportunity
Large market
Unmet need
Deep understanding of the problem
Traction
Product live
Early paying customers
Month-on-month growth, getting
closer to £10k MRR
2020-2024 Copyrights SkilledUp Life
www.skilledup.life
@skilleduplife
    5/9
    Concept
validation
Go beyond your
friends and family
Product
development
From wire framing to
version 1 of the product &
beyond
Operations
From HR to accounts
and legals. Learning to
run as a business.
User acquisition,
conversion &
support
Demand generation to
generating early
revenues & growing them
Ideato £10k MRR
2020-2024 Copyrights SkilledUp Life
www.skilledup.life
@skilleduplife
    6/9
    Product
Building your product team with
access to unlimited skilled volunteer
talent base
2020-2023 Copyrights SkilledUp Life
Full team - top down
Product Manager
Product and Business Analysts
UI/UX Designers
Lead Developer
Back-end Developers
Front-end Developers
User QA Testers
Product Marketers
Lean team - bottom up
UI/UX Designers
Back-end Developers
Front-end Developers
User QA Testers
www.skilledup.life
@skilleduplife
    7/9
    50,000+Skilled
Volunteers from140
countries
2 to 3 hrs per day for 60
Volunteer Days over a 3
month Volunteer
Agreement
2020-2023 Copyrights SkilledUp Life
www.skilledup.life
@skilleduplife
    8/9
    Excite Pre-Seed
Investors
Build your team using skilled volunteers
Build your version 1
Get traction
Show growth
Start talking to pre-seed investors
manoj.ranaweera@skilledup.life
2020-2024 Copyrights SkilledUp Life
www.skilledup.life
@skilleduplife
    9/9

    De-risking tech startups for pre-seed investors through SkilledUp Life Volunteers

    • 1. De-riskingtech startups forpre-seed investors through skilledvolunteers Create the investor demand for multiple Term Sheets 2020-2024 Copyrights SkilledUp Life www.skilledup.life @skilleduplife
    • 2. 2020-2024 Copyrights SkilledUp Life 2024 isaterrible yearfor venture capital Data source: Deal Lite www.deallite.uk
    • 3. Ideal Founder Position You de-risked your business for Pre-Seed investment. You receive multiple term sheets. You are in the driving seat. Big market - underserved - deep understanding of the problem - greater Founder/Market fit Initial product launched - users flocking in - growing revenues - getting closer to £10k MRR Need capital for increasing the growth rate and not for proving the market need. You have the initial team in place. www.skilledup.life @skilleduplife 2020-2024 Copyrights SkilledUp Life
    • 4. Manoj Ranaweera Building tech startups since 2004 - yes 20 years! Currently running: Techcelerate: know how of building tech startups Deal Lite: Find best-fit investors who have backed UK tech startups SkilledUp Life: 50,000+ skilled volunteers for tech startups manoj.ranaweera@skilledup.life 2020-2024 Copyrights SkilledUp Life www.skilledup.life @skilleduplife
    • 5. 3basics to excitepre-seed investors Team Founder/Market/Problem Fit Product team Customer development team (marketing & sales) Market opportunity Large market Unmet need Deep understanding of the problem Traction Product live Early paying customers Month-on-month growth, getting closer to £10k MRR 2020-2024 Copyrights SkilledUp Life www.skilledup.life @skilleduplife
    • 6. Concept validation Go beyond your friends and family Product development From wire framing to version 1 of the product & beyond Operations From HR to accounts and legals. Learning to run as a business. User acquisition, conversion & support Demand generation to generating early revenues & growing them Ideato £10k MRR 2020-2024 Copyrights SkilledUp Life www.skilledup.life @skilleduplife
    • 7. Product Building your product team with access to unlimited skilled volunteer talent base 2020-2023 Copyrights SkilledUp Life Full team - top down Product Manager Product and Business Analysts UI/UX Designers Lead Developer Back-end Developers Front-end Developers User QA Testers Product Marketers Lean team - bottom up UI/UX Designers Back-end Developers Front-end Developers User QA Testers www.skilledup.life @skilleduplife
    • 8. 50,000+Skilled Volunteers from140 countries 2 to 3 hrs per day for 60 Volunteer Days over a 3 month Volunteer Agreement 2020-2023 Copyrights SkilledUp Life www.skilledup.life @skilleduplife
    • 9. Excite Pre-Seed Investors Build your team using skilled volunteers Build your version 1 Get traction Show growth Start talking to pre-seed investors manoj.ranaweera@skilledup.life 2020-2024 Copyrights SkilledUp Life www.skilledup.life @skilleduplife


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