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Quiz

Quiz: How Much Will You Raise In Your Seed Round?

By

Olumuyiwa Olowogboyega

17th Jan, 2020

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Source: TechCabal
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So your big startup idea has been ready for weeks, your pitch-deck is perfect and you’re ready to hound investors for seed funding. You’re about to become the latest company to be featured on the TechCabal newsletter. Here’s a quiz to help you find out how much you’re going to raise in your seed round!

Who is your co-founder?

Who needs a co-founder?

My best friend

That connected guy from my MBA class

My spouse

Your inexperienced white friend

Correct!

Wrong!

You’re at business meeting with a high value investor, what are you drinking?

Beer

Champagne

Water

I’m way too nervous to drink

Red wine

Correct!

Wrong!

What’s the first thing you’re doing when you close your seed round?

Send TechCabal the good news through a Press release

Call your PR agency

Publish a Medium post

Order small chops for the team

Do that Twitter thread ASAP

Correct!

Wrong!

It’s time to hire staff. What are their work hours?

They can work remotely

9a-5pm!

9am- whenever Oga leaves

Live in the office, duh!

Do they need weekends?

Correct!

Wrong!

It’s the end of a profitable year and you have to invest in another company. Who are you with?

Iroko

Opay

Carbon

ULesson

CowryWise

Correct!

Wrong!

Your investors say you can’t earn a salary in your first year. Your move?

Move on. I can find funding elsewhere

Fold your sleeves and get into it

Think about it while you talk to other investors

Try to negotiate for six months instead

Do a Twitter thread on how wicked investors are

Correct!

Wrong!

You’ve closed your seed round, where’s your new head office?

It’s all about location: Wings Plaza, VI

We’re saving money, we’re off to Ikorodu

People work best with a lot of space: We’re taking two floors in Nest building

What’s wrong with co-work spaces?

Who needs an office?

Correct!

Wrong!

Share the quiz to show your results !

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Just tell us who you are to view your results !

How much will you raise in your seed round? I got %%personality%%

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