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How important are your CrunchBase & AngelList profiles to investors?

How important are your CrunchBase and AngelList profiles to investors really? Or, for that matter, your FoundersDating profile? Like many people, I've put a lot of work into my LinkedIn profile to make sure it accurately represents my experiences. So the idea of having to start all over loading information into CrunchBase and AngelList just exhausts me. Or for that matter, having to go out and hit up all my recommendations to repost yet another recommendation here on FounderDating when they've already posted a great one to LinkedIn.

Right now I'm approaching CB, AL & even my profile here as soft intros. Is it correct to assume a serious investor will go over & look at my LinkedIn? As I enter and reenter facts in all these other platforms, I can't help but think that time would be better spent on building my product, thanks.

6 Replies

Patrick Hidalgo
2
0
Patrick Hidalgo Entrepreneur • Advisor
Financial industry executive who is now writing software.
I think LinkedIn is the most important, but if you have had more than one successful exit and money has been raised on AngelList or any other platform, it would be helpful.
Jessica Alter
1
1
Jessica Alter Entrepreneur • Advisor
Entrepreneur & Advisor
It's a price of doing business but it's not going to get you money. Especially if you are reaching out cold make sure they are filled out so they can see things without you telling them but it won't decide if you get money. Crunchbase is the one exception, don't think it matters one iota in fundraising. It's a lagging indicator.
Rosalind Nelson
0
1
Rosalind Nelson Entrepreneur
Maui BnB I Founding Broker real estate malibu PARTNERS 35 yrs I Hospitality I Bed & Breakfast I 18,600+ connections
This is a very good point - I have the same problem - with so many sites asking us to participate they should allow a transfer of our profile, with our permission of course, to theirs. Being tech geeks, supposedly, this should be a pretty easy thing to program, right? I'm not programmer, I just get ideas and pass them on ..
John Petrone
2
0
John Petrone Entrepreneur
CTO at LaunchPad Central
I think having a complete, compelling and consistent story across AngelList, Crunchbase and LinkedIn helps with investors (shows you have you act together and eliminates confusion), but a solid pitch, a strong team and a business model that makes sense are more important.

How much time are we really talking here to update them? I just went thru this at my current gig (primarily to support recruiting) and it was a pain but we got it done. And honestly - if you won't take the time to do it, what are you communicating to potential investors about your own passion and commitment to the startup? Why wouldn't you take a few hours to present as much polish around your ideas as you can?
Ming Tsui
0
4
Ming Tsui Entrepreneur
HabitatForAll.org
I think investors are more concern with your product than anything else. If your team suck
as they see it, no problem because they can help add their people to help you out.

So, depends on what you got that was invented or created. People don't have time to
look over your past history or even education.

They only care about your product or ideas that could make them money.

This is my opinion but then maybe some investors might dig into your past
to see if you might be a big scam also but your product should be more
important.


Denis Lafont-Trevisan
1
0
Denis Lafont-Trevisan Entrepreneur
VC with Digital DNA. Love making things happen.
GrowthSeeds is providing subscription based services to ensure optimal visibility on Angellist, VB, Gust, etc...
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