We offer simple, fast, founder-friendly capital for US-based climate entrepreneurs. No dilution, no collateral, no personal guarantees. Apply in <10 mins, get a non-binding term sheet in a week, and get funded in ~30 days. https://t.co/KsHfnCkNOL

This will be our last post on this platform for a very long time. Follow us on LinkedIn for regular updates!

For more on putting a number on your raise, check out our Insight with Kat Hunt of @earth_finance_ here:

(7/) As you move forward, constantly check your cash flow to understand when you’re going to run out of money. In reality, you’re always fundraising, constantly adapting to your cash flow reality.

(5/) But it’s not all doom and gloom. A lot of incredible innovations have come from having limited resources, so think creatively. This is where blending capital can also go a long way.

(4/) What if you didn’t raise what you were hoping for? Even though you have less $, it may still need to last just as long. This means you’ll need to cut future operational costs (i.e. you don’t hire as many people, or don't target a specific customer segment).

(3/) Before you raise, take your number to fellow founders, friendly investors, and advisors. Does it make sense given your market, stage, and metrics? If not, adjust accordingly.

(2/) Once you have a number in mind, look at the funding options available to you. Try to balance dilutive and non-dilutive funding. Don't make the mistake of only going after VC to fund your business. It's the most expensive $ you can take.

(1/) To calculate how much money you’ll need, think about the milestones investors will want to see you hit before the following round Then, map out all the cost-intensive factors that’ll go into hitting these goals in a dynamic proforma where you can test assumptions.

One of the biggest questions for the founder of any climate startup is how much money you’ll need to raise to hit your next milestone. So, how do you land on a figure - and what can you do if you don’t reach it? 🧵

This week I speak with Dimitry Gershenson, CEO & Co-Founder of Enduring Planet to discuss the founding of Enduring Planet and their unique funding model. Tune in Thursday! #grants #lending #financial @d_gershenson @enduring_planet https://t.co/9GCLUftk2x

(9/) For more on keeping burnout at bay as a climate entrepreneur, check out our Insight with @RaviMikkelsen of @joinatmos here:

(6/) If you realize you’re starting to burn out: a. Stop and delegate ASAP b. Learn how to say no, or there will always be far too much on your plate c. Don’t wait for an emergency to force you to address your issues. Know where your limits are, and don’t cross them

(5/) Don’t delude yourself about how close you are to burnout. Other people can give you a more objective view. Build a community of both internal and external stakeholders who will give you that perspective.

(4/) Ask other founders for their worst experiences. Hearing their stories will lessen the sting of your own inevitable failures. Hear them, and remember, you're not unique in this experience.

(3/) Abandon the idea you have to work at a breakneck pace. Commit to a speed that works for you. Building a startup is a marathon, not a sprint.

(2/) Make time for your physical and mental health. Get enough sleep, eat well, and exercise. Don't make this a second priority.

(1/) Consider giving up some (or more) equity to co-founder(s) and employees. This builds greater buy-in from the people that are building the business with you. By sharing the rewards, you’ll share the burden

Running a climate startup can be relentless, and take a huge physical and emotional toll on the founder(s). So in the trial-by-fire of running a high performing organization like this, how can you keep yourself from burning out? 🧵

Stoked to partner up with @mrlnmarce and the @PhotonMarine team to decarbonize commercial boats everywhere! LFG!! https://t.co/7E7bc5IKJ6

For more on winning grants from the @USDA for your climate startup, check out our Insight with the @Finance4Climate team here https://t.co/YgMPb5SsjS