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    4. šŸ˜ŗ Fundraising doesnā€™t have to be spooky
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    Daily Digest
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    Fundraising doesnā€™t have to be spooky
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    GOOD MEWS

    Happy Monday! It's Halloween eve. What are you dressing up as? I'm going as a sentient AI.

    Anyway, hereā€™s some good news to put a pep in your step this week.Ā 

    PRODUCT HIGHLIGHT
    Fundraising: An intimidating but rewarding game

    Today's Product Highlight is crafted by us and sponsored by our friends at Carta.

    When a founderā€™s friends and family hear theyā€™re fundraising what theyā€™re picturing is probably an episode of Shark Tank.Ā 

    Sure, fundraising can include an intro song, a sexy presentation, and quirky investors from the tres comma club. Thereā€™s a lot more to it than that though, no matter what the pitch looks like.

    Fundraising is hard. Founders face difficult negotiations and tons of rejection. There is also the unexpected: hidden costs, scary forecasting, and watching your relationships take a back seat as all your time goes to wooing VCs. Some rounds are easy and quick, others are a slog.Ā 

    Remember, thereā€™s little correlation between how easy it is to raise and ultimate success. Companies like Coinbase and Airbnb struggled to raise in the early days but founders have risen to the occasion. You will too.Ā 

    If you're raising now or in the future, we tip our hats to you.Ā 

    Weā€™re also sharing Cartaā€™s Fundraising Suite. The suite brings together tools from across Cartaā€™s subscription tiers to give founders what they need for fundraising from start to finish.Ā 

    The suite includes:

    • Streamlined SAFE agreements, tracked and executed in one place. SAFEs issued on Carta close faster.
    • Scenario modeling: See how those term sheets play out without hours of excel modeling.Ā 
    • Pro Forma: Get to the point (šŸ’°) investors care about quickly.
    • Carta Deal Team: A personal team of data-armed advisors to help manage your round.Ā 
    • Deal Closings: Automated packets to easily track signatures and statusā€¦ woo hoo, closing!Ā 

    Using Carta for fundraising also comes with the benefit of having everything equity management ā€” automated cap tables, board management, 409A valuations, etc. ā€” in one place. VCs love that (see?). Employees do too (yup). You donā€™t become a Golden Kitty Award winner without love from the fans.Ā 

    CAT NIPS
    MAKER'S CORNER
    • Want to ship fast? This tool generates a blog, an FAQ and documentation all in 30 seconds using AI.
    • Launching soon? This AI tool will generate engaging launch demos to convince those first customers to sign up.
    • Fort Knox for devs.Ā This product analyzes your PHP to make sure there are no vulnerabilities.
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