How important are your CrunchBase & AngelList profiles to investors?

Anonymous

June 18th, 2015

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.

Patrick Hidalgo

June 18th, 2015

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.

John Petrone CTO at LaunchPad Central

June 18th, 2015

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?

Jessica Alter Entrepreneur & Advisor

June 18th, 2015

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.

Denis Lafont-Trevisan VC with Digital DNA. Love making things happen.

August 5th, 2015

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