How to Create a Successful Fundraising Process

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You'll want to keep clear notes here, so when it's time to raise again, you can go back and know exactly where you left off with each one of these. Remember that investors like to invest in lines, not dots. You should set some targets for outreach, investor calls, and even getting to a decision like sales is often hard. But it's better to know that early and redirect the energy.

AstroForge CEO Matthew Gialich joins Jason to discuss his startup’s lofty goal of mining Platinum Group Metals from asteroids (1:11). They discuss the recent launch of their Brokkr-1 space vehicle, the company’s road map to gather PGMs successfully from space, and SpaceX’s impact on the space industry (5:42). Then, Founder University’s Kelly Schricker gives a presentation on how to set up a fundraising process for your startup (31:51).

(0:00) AstroForge’s Matthew Gialich joins Jason

(1:11) The purpose of mining asteroids

(5:42) Brokkr-1 mission

(10:38) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(12:09) AstroForge’s roadmap

(16:07) Unit economics of hardware-based businesses

(17:38) Scaling Virgin Orbit and Virgin Galactic

(20:51) Pilot - Get 20% off the first 6 months at https://pilot.com/twist

(22:20) The evolution of the space economy

(30:43) Crowdbotics - Get a free scoping session for your next big app idea at http://crowdbotics.com/twist

(31:51) How to set up a fundraising process

FOLLOW Matt: https://twitter.com/MattGialich