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

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Key Insights

The document explores how skilled volunteers can de-risk tech startups for pre-seed investors, ultimately creating investor demand.
The ideal founder position involves de-risking the business, receiving multiple term sheets, and being in a position of control.
Key elements for attracting pre-seed investors include market opportunity, traction, and a strong team.
SkilledUp Life offers access to over 50,000 skilled volunteers from 140 countries, available for defined volunteer agreements.
A staged approach is recommended, starting with building the team using volunteers, creating a first version of the product, gaining traction, demonstrating growth, and then engaging with pre-seed investors.

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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