How Eoin went from 21 NO’s to 4 term sheets and oversubscribed in 8 weeks with a few simple tweaks and a killer vision story

Eoin Bara avatar

Eoin Bara

Tipple

Eoin Bara is the CEO of Tipple, a company building the cross-border infrastructure for the alcohol industry, so brands can sell directly to consumers and businesses across countries.

4 Term Sheets

within 8 weeks

Oversubscribed

"You gave me the clarity to tell the story investors wanted to hear — not just a jumble of thoughts but a concise, compelling narrative."

Goals

  • Raise $4 million in a challenging fundraising environment for a cross-border alcohol infrastructure startup.

  • Eoin knew he was sitting on a massive opportunity and didn’t want to waste time fundraising

  • Find a way around investors’ objections and stop receiving pass emails

Obstacles

  • "We hadn't really put together a process. We smashed together a deck but were very operationally busy and weren’t taking fundraising seriously."

  • Eoin didn’t really know WHY investors kept passing on him because they always seemed excited in the meeting

  • Frequent rejections made the fundraising process discouraging: "You start thinking, 'Is it me? Is there an issue?' and the course corrections helped realign us.”

  • He had gotten some bad advice from “advisors” and VCs he knew. Advice that turned out to steer him down a completely wrong path with investors.

Results

  • As soon as we removed the major dealbreakers from his pitch and crafted a compelling vision story for Eoin, the pass emails stopped overnight and investors started chasing him.

  • 8 weeks after we started working together Eoin got 4 term sheets from VCs wanting to lead the round.

  • "Tailoring the story to the audience was critical. You helped us check the boxes investors were looking for while staying authentic."

  • "The biggest change was shifting from a two-year operational plan to a global domination vision. That fundamentally changed our fundraising.”

  • He also won SaaStock’s global pitch competition and closed his $4.4 million round soon after.

Click here to read the play by play of how it went down

https://ulis.notion.site/How-Eoin-went-from-No-Lead-Investor-to-4-Term-Sheets-and-Oversubscribed-in-8-weeks-049eb1e4f67d475daec92abfeb9d85dd?source=copy_link

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