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Nidhi Kapoor
Raunak Guha
Co-founders
Why Advisory?
“Failure to select and use appropriate outside professional advisors”
- Blue Rock Capital
“it can be even more damaging to neglect to take the advice of those
who have come before you”
- Forbes
“74% of high growth internet startups fail due to premature scaling”
- Startup Genome Report
“Entrepreneurs contact advisors only under distress situations
looking for a quick-fix”
- Advisor on FounderMates
Accessing Advisors?
LinkedIn/Twitter/Quora
Networking Events
Personal Network
Chambers of Commerce/NEN/Angel Groups
Cold Calling
• Inefficient traditional channels
• Time and Effort
• Untapped Expertise
Pain
What is FounderMates?
Online platform that enables entrepreneurs to seek advisors
FounderMates
Entrepreneurs Advisors
How it Works?
• Open free marketplace
• Entrepreneurs and advisors screened
• Entrepreneurs search advisors based on
different criteria
• Advisors are reviewed by entrepreneurs
Target Market
• Entrepreneurs
– Idea Stage to Growth Stage
– Registrations from entire spectrum
– Need help in various aspects
Entrepreneur Cases
“I need advice on the following areas: Use of Growth Accelerators;
Management team and pitching to investors; fundraising, company
valuation”
- Pre Revenue
“Customer Acquisition by non-traditional means. Handling of labour
man power effectively. Recruitment and retention of good labour and
employees”
- Revenue
“We're looking for advisors to support us in the following areas: a)
logistics - mentor us in building a reverse logistics network across
Indian metros b) online marketing - mentor us in driving traffic and
conversations c) technology - mentor us in building both front and
back end technology from both a strong UI perspective and integration
with logistics”
- Growth
Target Market (contd.)
• Advisors
– Goodwill
– Visibility
– Equity/Fee
Proof
(Why FounderMates?)
 Bridging the demand supply gap
 No p2p model (in the UK and India)
 Local connections
 Online-offline model
Purpose
 “Go-to-place” for entrepreneurial problems
 Easy and quick access to advisors
 “Just-Dial” for entrepreneurs
 Advisor brand building
Product Roadmap
–Automated matchmaking
–Facilitating local connections
–Enhanced interaction
–Ancillary services
QUESTIONS/FEEDBACK?
FounderMates
@foundermates
Website: http://foundermates.com
Nidhi Kapoor Raunak Guha
@kapoor_nidhi @raunakguha
Email: nidhi.kapoor@foundermates.com Email: raunak.guha@foundermates.com
DEMO

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