Fundraising: A Complete Guide to Mastering Every Stage

Raising funds is much like an obstacle course. Before embarking on a complex and sometimes perilous process—which, contrary to what some entrepreneurs believe, will last well beyond three months—you must grasp specific, sometimes "arcane" terminology and clearly understand what investors expect from you.

By inviting investors into your equity, you will lose a degree of control over your company. You even run the risk of losing your initial investment due to the combination of certain obscure clauses suggested by some investors.

Nevertheless, if you want to scale your business quickly (for example, to establish a rapid market presence or expand internationally), fundraising remains an essential step. Just make sure you have a firm command of every stage!

In this practical guide, Xavier Milin outlines "worst-case scenarios" and provides actionable advice based on numerous concrete, figure-based examples from his own experience. You will discover the different stages of a fundraise, how to value your company, how to negotiate a Letter of Intent (LOI), what happens during due diligence, and... how to manage the post-funding phase.