marketing

Griffon Ventures

The intersection of venture capital and marketing expertise.

About Us

We exist to help startups realize their visions through both capital and unique marketing and advertising expertise.

Read more arrow

What
We Do

Early stage investing, consulting and advisory services, and expertise in brand, retail, and digital marketing can be yours.

Read more arrow

Who
We Are

We’re entrepreneurs through and through with a midwestern sensibility and a rare aptitude for connecting with shoppers.

Read more arrow

Discover what Griffon Ventures can do for you

We invest in bold founders, providing capital, expertise, and a global network to turn big ideas into thriving businesses. Let’s build the future together.

Contact Us

Get in touch

When it comes to meeting new people with great ideas, we’re all ears. Reach out to us if you think that your ideas might line up with ours.

Email: info@griffonvc.com

Portfolio You’re a startup. So are we.

Because of our unique perspective, we don't invest in just anyone. Your product or service offering needs to be something that can benefit from our experience and outlook, not just our capital. If you think you have an idea that we can help bring to market, then get in touch, and perhaps there will be a journey for us to take together.

We're proud to be investors in the following companies:

chalkfly

Chalkfly is a startup company that sells office and school supplies directly to consumers, businesses and teachers.

ditto

Ditto Labs is the leading image recognition company for social media.

A history of entrepreneurship

Members of our advisory board have invested smartly over the years. Here are some of the companies that they've been involved with:

nomadic cb mercury prizelogic

Who We Are

We are up for the journey.

Entrepreneurship isn’t for everyone. It takes vision, creativity, and no small measure of guts to go out on your own and trust in your ideas and instincts. We admire this conviction, because that journey mirrors our own. Our marketing agency foundation is one built on the idea of independence, and this attitude is imbued into all of our interactions. And our decidedly midwestern sensibility means that we’re upfront, honest, and humble.

Because of this unique perspective, we don’t invest in just anyone. Your product or service offering needs to be something that can benefit from our experience and outlook, not just our capital. If you think you have an idea that we can help bring to market, then get in touch, and perhaps there will be a journey for us to take together.

Marcia Andrade

Managing Director

Marcia Andrade is the Managing Director at Griffon Ventures, bringing extensive experience in venture capital, strategic growth, and business development. With a strong background in supporting startups across various industries, she plays a key role in identifying promising investment opportunities and guiding portfolio companies toward success. Marcia is known for her strategic insight, leadership, and commitment to fostering innovation. She holds a deep passion for entrepreneurship and has worked closely with founders to scale their businesses. Based in Chicago, IL, she is dedicated to driving impactful investments and building long-term value.

Griffon Ventures' Advisory Board

Experience is the bedrock of wisdom.

An advisory board ceases to have relevance if its members lack the appropriate experience to make sound suggestions. Our advisory board is comprised of seasoned veterans of the marketing world, whose more than 100 years of collective brand, digital, and retail experience for some of the world’s largest companies – think Walmart, Procter & Gamble, General Mills, Colgate-Palmolive, Campbell’s, Pfizer, and Diageo, for instance – can be brought to the table to benefit your startup business.

Working with Griffon Ventures allows you to tap into our considerable brain trust to grow your business:

Ken Barnett

Global Chief Executive Officer, Griffon Ventures

Ken is our General Management & Entrepreneurship expert.

Ken Barnett has passionately led Griffon Ventures, the cornerstone company under his management and ownership, to industry leading heights. Under his leadership, Griffon has become the No. 1 Shopper Marketing company in America for the last five years running - a function of his team's dedication to performance excellence and the profitable success of Griffon' clients in the retail marketplace As a seasoned agency leader with 35 years of broad experience in advertising, marketing and promotions, Ken concentrates on building and nurturing an agency-wide culture of professional growth and client-service excellence. In addition, Ken has created several other operating companies that are complementary to the broader mission of Consumer and Shopper Marketing in the marketplace. Ken is the primary owner and driver of Mercury Fulfillment Systems, a full-service warehouse, fulfillment and back-end support group, from its large warehouse operation in Michigan. He also owns and runs three digital companies: Prize Logic – a gaming and loyalty company; eMarketing – a back-end programming and coding resource; and Collective Bias – a social marketing platform company. Ken co-created another digital company, Triad Retail Media, which was sold to an investment banking team in 2009. Ken operates 12 full-service offices around the US, Canada and the UK. In aggregate, his companies employ 500 people. Ken serves on several industry boards and has been a guest speaker of many universities and advertising/promotion industry events, such as the PMAA (Promotion Marketing Association of American) and the ANA (Association of National Advertisers). Ken has also been part of a group that started an academic major in Shopper Marketing at the University of Tennessee for both graduate and undergraduate programs.

Rob Rivenburgh

Partner, Chief Operating Officer, Griffon Ventures

Rob is our Operations expert. 

Rob Rivenburgh has over 25 years of experience in the field of consumer marketing working with and for Fortune Global 500 companies on both the corporate client and agency sides. With a record of starting and transforming organizations he is skilled at designing winning strategies, identifying new opportunities and mobilizing teams to achieve results. He is a values-driven leader who is passionate about being on the front edge, inspiring growth and developing winning teams. For the last 3 years Robert has served at Chief Operating Officer for Griffon Ventures. Previous to the COO role Rob built and lead the Griffon Bentonville, AR office. Prior to that Rob was responsible for the development and management of the Griffon Field Based Shopper Marketing Network. In addition, Robert’s experience includes 14 years with Nestlé USA and 3 years with Diageo in various marketing, customer marketing, category management and sales roles. Robert holds a Bachelor of Arts in Marketing from Siena College, Loudonville, NY, and an MBA from the University of Michigan. Robert has served on a number of industry and non profit boards, he currently serves as an executive board member of the University of Arkansas Sam M. Walton College of Business Center for Retailing Excellence and the Brand Activation Association.

Fern Grant

Executive Vice President Strategic Planning, Griffon Ventures

Fern is our Research & Insights expert.

Fern Grant is an Executive Vice President, Strategic Planning for The Griffon Agency. A marketing specialist with national and international experience, Grant oversees a 20-person strategic planning team who serve core clients including Campbell’s, Pepperidge Farm, Hillshire and Walmart. Passionate about representing the voice and experience of real people, she also is responsible for thought leadership, developing white papers, shopper and retailer profiles designed to stimulate thinking and discussion among clients, and the Griffon creative team. Prior to joining Griffon Ventures, Grant led the consumer insight team at LeapFrog Enterprises, responsible for all US and International brand, product, shopper and advertising research. Before joining LeapFrog, Grant owned a research and planning company and served as a marketing research specialist, strategic planner, and consultant with brands, manufacturers and retailers based in the U.S. and the U.K. Grant earned her bachelor’s degree in Honors Psychology from San Jose State University and master’s degree in Occupational Psychology from Birkbeck College, University of London.

Steve Nottingham

Senior Vice President, General Manager, Griffon Ventures

Steve is our Business Development expert.

Steve currently leads the Walmart business across the entire Griffon network. Over the last 10 years, Steve has worked across the agency’s key commercial functions and led many of the largest client engagements. Just prior to his Walmart assignment, Steve took on the leadership of the digital capability for Griffon Ventures and successfully extended Griffon Shopper Marketing leadership status into the digital arena. Additionally, Steve led the Colgate Palmolive engagement, which has grown to become one of the agency’s most important clients across North America and Canada. Steve holds his MBA from The Eli Broad Graduate School of Management at Michigan State University and a Bachelor’s Degree in Business Administration from the University of Detroit Mercy.

Scott Reid

Executive Creative Director, Griffon Ventures

Scott is our Creative expert.

Jake Berry

Senior Vice President, General Manager, Griffon Ventures

Jake is our Business Strategy expert.

About Us

Embrace the journey.

Unique ideas are the lifeblood of business. The rigor involved in making an idea a reality, however, is truly a journey. And as an entrepreneur, you require the freedom to make decisions for yourself, to set out along this path of discovery that you alone will navigate. We know that entrepreneurs feel professional freedom in their bones, and that’s why Griffon exists; to help young companies and their founders achieve and sustain their freedom by offering not only venture capital, but brain trust and experience as well.

Our experience in marketing and advertising means that we can help you connect to your end customers in powerful ways that will help your new business thrive.

What We Do

Investing, and more.

We offer early stage investing, like many other venture capital firms. We also offer consulting and advisory services, which is also not new. So what’s different? What’s different is our infrastructure, our foundation. We are a venture firm borne of marketing and advertising, and we can bring considerable resources to bear for the startups in which we invest.

Our founders and advisory board have a wealth of experience in retail, having built shopper-focused platforms for some of the world’s largest brands and retailers, including Walmart, Procter & Gamble, Coca-Cola, Colgate-Palmolive, Diageo, Cargill, Pfizer, and Clorox, to name a few.

That means that our resources, network, and expertise can become yours; a rich and deep expertise in connecting shoppers and consumers to products and services. Beyond commerce, we can help you define and create your brand, and then broadcast your virtues in all of the relevant ways you’ll need in order to succeed.

Blog

Essential Financial Strategies for Startup Growth: Building a Solid Foundation for Cash Flow and Investment

Startups often face challenges that threaten their survival, and cash flow mismanagement is one of the most common reasons for failure. In fact, improper handling of cash flow is responsible for up to 80% of small business closures. […]

Read more arrow

Crafting a Business Plan for Sustainable Growth: A Guide for Startups

A well-structured business plan is more than just a document—it’s a roadmap for growth, guiding key decisions and ensuring long-term success. Unlike traditional plans aimed at securing external funding, a growth-oriented business plan focuses on strategic execution, performance metrics, and adaptability to an evolving market. […]

Read more arrow

How to Thrive in a Hyper-Competitive Market: 8 Winning Strategies

In today's fast-moving and highly competitive business world, simply having a great product or service isn’t enough. To stand out and achieve long-term success, companies must innovate, build strong customer relationships, and stay ahead of industry trends. Here are eight powerful strategies to help your business thrive in even the most crowded markets. […]

Read more arrow

How to Avoid Embarrassing Yourself in Front of Investors

Fundraising for a startup is no small feat—it’s a high-stakes game where confidence, preparation, and strategy can make all the difference. We've all seen (or maybe even been) that founder who stumbles through an investor pitch, fumbles key financials, or freezes when asked tough questions. […]

Read more arrow

What VC Investors Look for Before Investing in a Startup

Securing venture capital funding is a major milestone for any startup, but getting there requires careful preparation. Investors review hundreds of startups before deciding to fund just a few. To increase your chances of securing investment, it's crucial to understand what VCs look for and how to avoid common mistakes that could make your company uninvestable. […]

Read more arrow

Seeking investors and advice? Look no further than Griffon Ventures

Griffon Ventures, based in Detroit, focuses on early-stage companies with a mission to transform traditional industries through innovation.They prioritize founders who demonstrate both vision and adaptability, believing these qualities are essential to navigating today’s dynamic market landscape. […]

Read more arrow

Adweek picks 20 under 40 who are wicked smart and rebooting your world

In the domains of media, marketing and technology, to be merely young and successful isn’t so remarkable. But to be influential—seriously influential—is something else altogether: to imagine the truly new and different, to impel real change in the way business has been done before, to lead the way and to inspire others to follow. Those […]

Read more arrow

Content Matters

What is Content Marketing? Content marketing can range from resources on your website, to social media but no matter what your preferred delivery method, if you don’t have great content, you don’t have an audience. As marketing and advertising professionals in the B2B space, we are encouraging our clients develop and repurpose content as a […]

Read more arrow

Better names can court tech consumers

We like our technology devices. A lot. As discussed in a recent Philter whitepaper, research done by Microsoft Advertising even supports categorizing our relationships with our devices in accordance with Jungian archetypes. The PC is the Sage, the TV is the Jester and the mobile phone is the Lover: “It’s always close to you, its content is […]

Read more arrow

Essential Financial Strategies for Startup Growth: Building a Solid Foundation for Cash Flow and Investment

Startups often face challenges that threaten their survival, and cash flow mismanagement is one of the most common reasons for failure. In fact, improper handling of cash flow is responsible for up to 80% of small business closures. To avoid falling into this trap, a well-designed financial model becomes indispensable. This tool not only highlights your startup’s financial health but also offers insight into potential opportunities, challenges, and how to make strategic financial decisions.

Moreover, financial models play a crucial role in attracting investors, who are always looking for clear evidence of sustainable growth. In this article, we’ll dive into why financial modeling is essential for startups and the practical steps to improve cash flow management.

Why Financial Modeling is a Must for Startups

Financial modeling goes beyond just forecasting future earnings. It's about giving a realistic and comprehensive view of your business’s financial situation, potential growth, and risks. It enables you to plan for both the short-term and long-term while helping you make smarter decisions to ensure financial stability. Properly leveraging financial models can mitigate risks, such as cash flow shortages or overspending, before they become serious problems.

Here’s a breakdown of how financial modeling can transform your business operations:

1) Understanding Cash Flow for Sustainable Growth

It all starts with cash flow management. For a startup, maintaining a healthy cash flow is more important than profitability in the early stages. With financial modeling, you can map out your cash inflows and outflows, identify periods of potential strain, and plan accordingly. By tracking and forecasting cash flow, you can ensure your business has enough working capital to operate efficiently and scale.

Understanding your cash flow not only helps avoid pitfalls but also gives you the clarity needed for major business decisions. Whether it's timing your funding rounds or planning for seasonal variations in revenue, having this insight helps you keep your business afloat and thriving.

2) Financial Projections to Secure Investor Confidence

When seeking funding, whether through venture capital or angel investors, startups need to present compelling evidence of future growth. Financial projections are a powerful tool to show potential investors how their money will be used to drive growth. They outline future revenue streams, expenses, and profits, giving investors a clear idea of what they can expect in return.

A detailed financial model not only demonstrates the potential returns but also helps investors see how risks are mitigated, what assumptions are being made, and whether the business has the capability to scale as promised.

3) Adapting to Changing Business Conditions with Flexibility

One of the greatest benefits of financial modeling is the ability to stay flexible in the face of unforeseen circumstances. Startups are often operating in uncertain environments, and market conditions can change rapidly. A robust financial model allows for real-time adjustments to reflect these changes.

For example, if a new competitor enters the market, a financial model can help you quickly reassess your pricing strategy, marketing spend, or product offering to maintain competitiveness. By building flexibility into your financial projections, you ensure your business can pivot smoothly when necessary.

4) Guiding Strategic Business Decisions

Financial models aren’t just about numbers; they also provide valuable strategic insights. For example, if you are considering expanding into a new market or introducing a new product line, your model can predict the impact on your financial position. It helps you weigh the costs and benefits of these decisions, ensuring that they align with your company’s growth trajectory.

Moreover, a financial model can help you prioritize business initiatives. By analyzing different opportunities through financial modeling, you can focus on the initiatives that offer the best potential return on investment and avoid wasting resources on initiatives that might not align with your long-term objectives.

5) Optimizing Operational Efficiency and Resource Allocation

Beyond strategy and investment, financial modeling can also optimize day-to-day operations. By predicting cash flow and expenses, you can better allocate resources to the right areas of your business. For instance, a financial model can help determine when to hire new employees, invest in technology, or scale production.

Knowing when and where to allocate resources ensures that you are not overextending your business, and it helps you manage your operations efficiently. It also minimizes the risk of running out of funds before reaching your next milestone, which is crucial for maintaining momentum and avoiding financial roadblocks

6) Long-Term Forecasting: Adjusting for the Future

Financial modeling is not a one-time activity but an ongoing process. As your startup grows and evolves, so too should your financial projections. By continuously updating your model with real-time data, you can compare projections with actual performance, identify areas where you’re falling short, and adjust your strategies accordingly.

This ongoing process is critical in helping your startup stay on course as it scales. It gives you the foresight to anticipate challenges and allows you to plan for long-term sustainability, making adjustments to your strategy based on data rather than assumptions.

7) Strengthening Your Pitch to Investors

When pitching to investors, having a comprehensive financial model can be the difference between securing funding and losing out. A well-constructed model offers transparency into how you’ve calculated your projections, what assumptions you’ve made, and how you plan to achieve the numbers you’re presenting.

Investors appreciate a clear understanding of the financial side of a business. By using a financial model to tell the story of how your startup will grow, you present yourself as not just a visionary entrepreneur, but a savvy business leader who can manage the numbers and execute on your promises.

To Sum Up

While building a financial model might seem intimidating, it is one of the most valuable tools for ensuring the success of your startup. By embracing financial modeling and using it to improve cash flow management, optimize decision-making, and secure investor confidence, you position your business for sustainable growth and success.

Looking for investment opportunities? Join us at Griffon Ventures, where global investors meet the next generation of innovative businesses.

Crafting a Business Plan for Sustainable Growth: A Guide for Startups

A well-structured business plan is more than just a document—it’s a roadmap for growth, guiding key decisions and ensuring long-term success. Unlike traditional plans aimed at securing external funding, a growth-oriented business plan focuses on strategic execution, performance metrics, and adaptability to an evolving market.

This guide breaks down the essential elements of a business plan that fosters sustainable growth.

Key Components of a Growth-Oriented Business Plan

1. Defining Your Strategic Vision

At the core of any successful business lies a well-defined strategy. It provides clarity on who you serve, what problem you solve, and how you differentiate yourself in the market.

A strong strategic foundation consists of:

  • Customer Problem & Market Need - Identify the pain points your target audience faces. A business that fails to solve a real problem risks stagnation.
  • Your Unique Solution - How does your product or service address this problem better than competitors? Your solution must be aligned with market demand.
  • Target Market Segmentation - Clearly define your ideal customer base. Consider demographics, behavior, purchasing power, and industry trends.
  • Brand Identity & Positioning - What makes you stand out? Your brand voice, messaging, and core values should resonate with your market.

Successful businesses don’t try to serve everyone—they focus on a specific niche and execute effectively within that space.

2. Translating Strategy into Action

Having a vision without execution is like having a map without a vehicle. A business plan for growth must outline concrete tactics for bringing your strategy to life.

Key execution areas include:

  • Marketing & Customer Acquisition - How will you attract and retain customers? This includes digital marketing, content strategy, lead generation, and branding.
  • Product Development & Innovation - Is your product evolving with customer needs? Continuous improvement and user feedback loops are crucial for long-term success.
  • Sales & Distribution Channels - What is your go-to-market strategy? Consider direct sales, partnerships, e-commerce, and other distribution models.
  • Customer Experience & Retention - How do you ensure long-term customer relationships? Great support, personalization, and engagement strategies are key.

Ensuring that all execution tactics align with your strategic goals is essential for sustainable business growth.

3. Setting Measurable Milestones and KPIs

To gauge progress, your plan should include measurable goals, also known as Key Performance Indicators (KPIs). These provide a clear picture of whether your strategy is working.

Common KPIs include:

  • Revenue Growth - Monthly recurring revenue (MRR), annual recurring revenue (ARR), or total sales.
  • Customer Acquisition & Retention - Customer lifetime value (CLV), churn rate, and customer acquisition cost (CAC).
  • Operational Efficiency - Profit margins, cash flow, and resource allocation.
  • Marketing Performance - Website traffic, conversion rates, email open rates, and engagement metrics.

Milestones should be time-bound and specific. Whether launching a new product, expanding into a new market, or achieving a revenue target, having clear deadlines helps keep your team accountable.

4. Understanding Key Financial Indicators

A business plan isn’t complete without a financial framework to support sustainable growth. Even if you’re not seeking external investment, understanding your numbers is critical.

Focus on these financial elements:

  • Cash Flow Management - The lifeline of any business. Ensure you have a clear projection of incoming and outgoing cash.
  • Revenue Streams - Diversifying income sources reduces risk. Subscription models, one-time purchases, and service-based offerings can coexist.
  • Profitability & Cost Control - Monitor operating expenses, cost of goods sold (COGS), and gross profit margins.
  • Break-even Analysis - Knowing when your business will become profitable helps with strategic planning and resource allocation.

Tracking financial performance regularly ensures that you can pivot and adjust strategies as needed.

5. Adapting and Iterating Over Time

A business plan is a living document, not a static report. Continuous reassessment is necessary as market conditions change, customer preferences shift, and competition evolves.

Regular review processes should include:

  • Monthly or Quarterly Performance Reviews - Analyze KPIs, revenue growth, and customer insights.
  • Customer Feedback Integration - Use surveys, reviews, and direct interactions to refine your offering
  • Competitive Analysis - Stay ahead by monitoring industry trends and emerging competitors.
  • Agile Business Adjustments - Be ready to pivot, launch new initiatives, or refine existing processes based on data-driven insights.

The ability to adapt is what differentiates thriving startups from those that struggle.

Final Thoughts

A well-structured business plan isn’t just a formality—it’s a tool for ensuring sustainable growth. By focusing on strategy, execution, financial health, and continuous improvement, startups can navigate challenges and scale effectively.

Whether you're a new entrepreneur or an established founder, having a dynamic business plan will help you stay ahead in an ever-changing landscape. Keep refining, keep growing, and keep executing.

How to Thrive in a Hyper-Competitive Market: 8 Winning Strategies

In today's fast-moving and highly competitive business world, simply having a great product or service isn’t enough. To stand out and achieve long-term success, companies must innovate, build strong customer relationships, and stay ahead of industry trends. Here are eight powerful strategies to help your business thrive in even the most crowded markets.

1. Know Your Market Inside and Out

Success starts with a deep understanding of your industry and audience. Conduct thorough market research to identify customer pain points, preferences, and buying behaviors. Study your competitors to find gaps in their offerings and opportunities to differentiate your brand.

Use tools like customer surveys, focus groups, and analytics platforms to collect insights. The more data you have, the better you can tailor your products and marketing strategies to meet customer needs.

2. Differentiate Your Brand

In a saturated market, setting yourself apart is crucial. Define your unique value proposition (UVP)—what makes your business stand out from the competition. Whether it's outstanding product quality, exceptional service, or a fresh approach to solving a problem, your UVP should be clear and compelling.

Storytelling is a great way to establish your brand identity. Share your mission, values, and journey to connect with customers on an emotional level. A strong brand story creates loyalty and makes your business more memorable.

3. Embrace Innovation

Innovation is key to staying ahead in any industry. Continuously look for ways to improve your products, services, and processes. Explore new technologies, experiment with fresh ideas, and foster a culture of creativity within your team.

Stay updated on industry trends and be ready to adapt. Businesses that fail to evolve risk falling behind. Even small, consistent improvements can lead to significant competitive advantages over time.

4. Deliver Outstanding Customer Experiences

Customer experience can be a major differentiator in a competitive market. Make sure every interaction with your brand is smooth, personalized, and exceeds expectations.

Train your team to prioritize customer satisfaction, invest in customer relationship management (CRM) tools, and always be responsive to feedback. Happy customers turn into loyal advocates, driving referrals and repeat business.

5. Master Digital Marketing

A strong online presence is essential for growth. Use a multi-channel digital marketing approach to reach and engage your audience effectively:

  • SEO: Optimize your website to rank higher on search engines and attract organic traffic.
  • Content Marketing: Provide valuable, informative content that positions your brand as an industry leader.
  • Social Media: Engage with your audience through platforms like Instagram, LinkedIn, and Twitter.
  • Paid Ads: Use targeted advertising to expand your reach and attract high-intent customers.

Regularly analyze your marketing efforts and adjust your strategy to maximize results.

6. Form Strategic Partnerships

Collaborations with other businesses can unlock new opportunities and increase your competitive advantage. Strategic partnerships help you reach new audiences, share resources, and enhance your credibility.

For example, co-marketing initiatives, joint ventures, or cross-promotions can increase brand visibility and build trust with potential customers. Choose partners that align with your values and bring mutual benefits.

7. Stay Agile and Adaptable

In a fast-changing business environment, flexibility is key. Be ready to pivot based on market trends, customer feedback, or unexpected challenges.

Implement agile workflows within your organization to improve efficiency and responsiveness. Foster a culture of adaptability so your team can quickly adjust strategies when needed. Businesses that embrace change are more likely to stay ahead of the competition.

8. Track Performance and Optimize Continuously

Data-driven decision-making is essential for success. Use analytics tools to monitor performance in areas like sales, customer engagement, and marketing effectiveness.

Set measurable goals and use key performance indicators (KPIs) to track progress. Regularly review your strategies, identify areas for improvement, and refine your approach to stay competitive.

For example, if a marketing campaign isn’t performing well, analyze the data to find weaknesses and adjust your tactics accordingly. Ongoing optimization ensures long-term growth and stability.

Wrapping Up

Competing in a crowded market is challenging, but with the right strategies, your business can thrive. By understanding your audience, differentiating your brand, and embracing innovation, you can create a solid foundation for growth.

When you combine this with excellent customer service, a strong digital presence, and the ability to adapt, you position yourself for long-term success. Stay proactive, continuously improve, and always strive for excellence—these are the keys to winning in any competitive landscape.

How to Avoid Embarrassing Yourself in Front of Investors

Fundraising for a startup is no small feat—it’s a high-stakes game where confidence, preparation, and strategy can make all the difference. We've all seen (or maybe even been) that founder who stumbles through an investor pitch, fumbles key financials, or freezes when asked tough questions. And while Hollywood loves to exaggerate these moments for comedic effect, the reality is that poor preparation can cost you more than just a little embarrassment—it can cost you your funding.

The good news? Fundraising is a skill you can refine. While there's no shortcut to mastering the art of pitching, there are plenty of ways to avoid common mistakes and present yourself as a competent, investable founder. Here’s how to ensure your fundraising process is polished, professional, and, most importantly, successful.

Preparation Is Everything: 10 Fundamentals to Get Right Before You Approach Investors

When you're asking someone to invest in your startup, you’re not just selling a product or service—you’re selling yourself and your vision. Investors want to see that you’ve thought things through, understand your numbers, and have a clear plan for the future. Here are the essentials you need to have locked down before making your first investor call:

1. Know Your Business Inside and Out

Before you can convince others to invest, you need to demonstrate a deep understanding of your startup. Be prepared to discuss your business model, target market, competition, and financials in detail. Investors will ask tough questions—know your key numbers and be ready to explain them confidently.

2. Develop a Concrete Plan

“We’ll figure it out as we go” isn’t a strategy. Investors want to see a well-thought-out business plan that includes your vision, mission, revenue model, and growth strategy. Having clear milestones and objectives will make your pitch far more compelling.

3. Target the Right Investors

Not all investors are the same. Look for those who have experience in your industry and a track record of funding similar startups. The right investors can offer more than just money—they can provide mentorship, networking opportunities, and strategic guidance.

4. Craft a Strong, Concise Pitch

A great pitch clearly outlines what problem you’re solving, how your solution works, and why your team is the right one to execute it. Keep it engaging, to the point, and tailored to your audience. Rehearse until you can deliver it confidently without sounding robotic.

5. Build Investor Relationships in Advance

Cold outreach rarely works. Start networking early by attending industry events, startup meetups, and investor gatherings. Building trust with investors before you ask for money increases your chances of success.

6. Be Realistic About Your Valuation

Overvaluing your startup can make investors wary, while undervaluing it can leave money on the table. Make sure your valuation is backed by data, market comparisons, and traction.

7. Negotiate Smartly and Seek Legal Advice

Investment deals come with many terms—equity distribution, board seats, exit clauses, and more. If you’re not well-versed in negotiations, get professional legal help to ensure you don’t agree to unfavorable terms.

8. Be Prepared for Due Diligence

Investors will want to verify your claims before signing a check. They’ll review your financials, legal documents, and operational details. Having everything organized and being transparent during this process builds trust.

9. Have a Clear Plan for the Funds

Getting investment isn’t winning the lottery—it’s fuel for growth. Investors want to know exactly how their money will be used to scale your business. Be specific about how you’ll allocate funds.

10. Accept Rejection and Learn from It

Not every investor will say yes, and that’s okay. Instead of taking rejection personally, ask for feedback, refine your pitch, and keep improving. Persistence and adaptability are key.

What Questions Will Investors Ask?

Investors evaluate startups based on risk, scalability, and potential return on investment. While every pitch meeting is different, expect to answer some version of the following:

Your Startup and Market

  • What does your company do?
  • What problem are you solving?
  • What’s your unique value proposition (UVP)?
  • What’s the size of your target market?
  • Who are your main competitors, and how do you differentiate yourself?

Business Model and Financials

  • How does your business make money?
  • What’s your pricing strategy?
  • Have you tested your revenue model? What were the results?
  • What are your current financials (revenue, expenses, profit/loss)?
  • What are your financial projections for the next 3-5 years?

Team and Execution

  • Who are your key team members, and what experience do they bring?
  • How do you plan to scale your team as the company grows?
  • What’s your go-to-market strategy?
  • How do you plan to acquire and retain customers?

Investment and Growth Strategy

  • How much money are you raising, and how will it be used?
  • What’s your startup’s current valuation, and how did you arrive at it?
  • What’s your exit strategy (acquisition, IPO, etc.)?

The more prepared you are to answer these questions with confidence and clarity, the more professional and trustworthy you’ll appear.

What Investors Don’t Ask Directly (But Definitely Care About)

Investors don’t just evaluate your business—they also assess you as a founder. Here are some things they’ll be watching for, even if they don’t ask outright:

  • Founder-Market Fit – Do you have the skills, experience, and passion to lead this company?
  • Team Dynamics – How well does your team work together? Are there potential conflicts?
  • Adaptability and Grit – How have you handled setbacks or pivots?
  • Customer Focus – Do you truly understand your customers' needs and pain points?
  • Industry Relationships – Do you have the right network to grow your startup?
  • Ethical and Cultural Fit – Does your company operate transparently and responsibly?

Key Terms Every Founder Should Know

Understanding investor lingo can make you appear more credible and knowledgeable. Here are a few terms you should be familiar with:

Basic Terms

  • Bootstrapping – Growing a company without external funding.
  • B2B / B2C – Business-to-business vs. business-to-consumer models.
  • Pitch Deck – A short presentation that outlines your startup’s value proposition.
  • Lead Investor – The main investor in a funding round, often setting the deal terms.

Financial Terms

  • Burn Rate – How fast your company is spending money.
  • CAC (Customer Acquisition Cost) – The cost of acquiring a new customer.
  • LTV (Lifetime Value) – The total revenue expected from a customer over their relationship with your company.
  • Runway – How long your startup can operate before running out of cash.

Legal Terms

  • Cap Table – A document showing company ownership distribution.
  • Convertible Note – A loan that converts into equity at a later funding round.
  • Due Diligence – The research investors do before funding a startup.

Summing It Up

Fundraising is as much about preparation and confidence as it is about the business itself. Investors don’t expect perfection, but they do expect competence. Know your business, refine your pitch, and anticipate tough questions. And remember—every “no” gets you one step closer to the right “yes.”

By avoiding common mistakes and approaching fundraising strategically, you’ll not only increase your chances of securing investment but also establish yourself as a serious, capable entrepreneur.

What VC Investors Look for Before Investing in a Startup

Securing venture capital funding is a major milestone for any startup, but getting there requires careful preparation. Investors review hundreds of startups before deciding to fund just a few. To increase your chances of securing investment, it's crucial to understand what VCs look for and how to avoid common mistakes that could make your company uninvestable.

Here are the key factors venture capitalists consider before investing:

1. A Strong and Cohesive Team

One of the first things investors evaluate is the founding team. A startup’s success often depends on the ability of its team to work together, navigate challenges, and adapt to unexpected changes. Investors are particularly interested in teams with diverse skill sets, strong leadership, and a history of collaboration.

A red flag for investors is when a startup relies too heavily on a single founder. They prefer to see a team that can share responsibilities, make tough decisions together, and stay aligned as the company grows.

2. A Clean and Well-Managed Cap Table

A cap table (capitalization table) shows the ownership structure of a company, including shares allocated to founders, investors, and employees. Investors want a well-organized and transparent cap table with no hidden equity claims or unresolved ownership disputes.

Messy cap tables can raise concerns, making investors hesitant to commit funding. Founders should ensure all ownership agreements are properly documented, and any past fundraising rounds are clearly reflected.

3. Strong Preparation for Due Diligence

Venture capitalists don’t make investment decisions lightly. For every startup they invest in, they likely evaluate hundreds. Even after issuing a term sheet, about half of those deals still don’t close.

The due diligence process is extensive, and many entrepreneurs underestimate how demanding it can be. Founders should be prepared to present:

  • A well-documented corporate structure
  • Intellectual property protections
  • Financial records and forecasts
  • Compliance with tax and legal obligations

Having a well-organized data room with all necessary documents can significantly improve the chances of passing due diligence and closing the deal.

4. Confidence and Accountability

VCs want founders who believe in their vision and are willing to stand behind their claims. Beyond having a strong business model, startups must be able to provide legal assurances that the information presented to investors is accurate.

During due diligence, investors will scrutinize everything from company valuations to financial statements. If any discrepancies arise, they expect founders to take responsibility. Startups should ensure they have the necessary legal and financial expertise to validate their claims and avoid unnecessary risks.

5. A Clear Understanding of Financial Implications

Each funding round impacts the next, so structuring investment terms properly is essential for long-term success. Early-stage funding deals that include aggressive investor preferences, such as disproportionate returns, can create challenges for securing future investment.

Founders must carefully evaluate the terms they accept, considering factors like:

  • Dilution and equity distribution
  • Liquidation preferences for investors
  • The impact of investor rights on future rounds

Understanding these financial implications early on helps avoid potential roadblocks as the startup grows.

6. Patience and Long-Term Planning

Raising venture capital is rarely a quick process. It often involves multiple rounds of funding, strategic partnerships, and ongoing investor relationships. Entrepreneurs who take the time to understand the fundraising landscape and learn from experienced founders are more likely to succeed.

Networking with industry peers, seeking mentorship, and staying informed about investor expectations can give founders an edge when approaching VCs. A well-prepared entrepreneur not only increases their chances of securing funding but also positions their startup for long-term success.

In Conclusion

Venture capital investors are looking for startups that have strong leadership, a clear equity structure, a well-prepared due diligence process, and a solid financial foundation. By focusing on these elements early, founders can increase their chances of attracting investment and building a sustainable, scalable business.

Seeking Investors and Advice? Look No Further Than Griffon Ventures

Griffon Ventures, based in Detroit, focuses on early-stage companies with a mission to transform traditional industries through innovation.They prioritize founders who demonstrate both vision and adaptability, believing these qualities are essential to navigating today’s dynamic market landscape. “We look for founders who bring fresh perspectives and aren’t afraid to challenge the status quo,” the team shared. “They’re passionate about solving real problems, and that’s exactly the kind of drive we want to support.”

Griffon Ventures sets itself apart by offering more than just financial backing. Through workshops, networking events, and one-on-one mentorship, Griffon's team provides founders with the resources and connections they need to scale successfully. From building a go-to-market strategy to navigating regulatory challenges, Griffon Ventures offers startups a holistic partnership.

Griffon’s approach is designed to create a collaborative relationship with founders, rather than simply writing checks.

Beyond funding, Griffon Ventures has cultivated a network of industry experts and experienced entrepreneurs who regularly advise startups within the firm’s portfolio. This access to seasoned advisors enables Griffon-backed founders to make well-informed decisions as they grow, from scaling operations to refining their business models.

For founders eager to take their startups to the next level, Griffon Ventures stands ready as both a financial backer and strategic partner, committed to supporting visionaries who are ready to disrupt and redefine the marketplace.

Adweek Picks 20 Under 40 Who Are Wicked Smart and Rebooting Your World

In the fields of media, marketing, and technology, simply being young and successful is no longer remarkable. To be truly influential— to imagine something new and disruptive, to bring lasting change to established industries, and to lead and inspire others—now that’s the real distinction. This year, Adweek’s “20 Under 40” honors a diverse group of individuals who have redefined what it means to be an innovator, combining technical prowess with creative ambition to tackle the challenges of a rapidly evolving digital landscape.

These 20 professionals represent a spectrum of talent, from product developers creating the latest AI-powered tools to marketers pushing the boundaries of brand storytelling. Selected for their ability to reshape how brands and consumers interact, these honorees aren’t just keeping up with industry trends—they’re setting them. Adweek’s list includes leaders whose accomplishments bridge the gap between technology and humanity, each one leveraging new tools to deliver meaningful connections.

Among them is Griffon Ventures’ own Marcia Andrade, Managing Director and driving force behind a portfolio of startups focused on social impact and tech innovation. With an eye for transformative ideas, Andrade has been instrumental in backing ventures that reimagine traditional industries, from consumer products to digital services. Her commitment to funding purpose-driven companies, paired with his hands-on approach to mentorship, embodies the spirit of this year’s “20 Under 40” cohort: young leaders who are as dedicated to social responsibility as they are to growth and innovation.

These honorees embody the future of their industries, breaking conventions and championing projects that go beyond profit to create real-world impact. As they continue to push boundaries, Adweek’s “20 Under 40” reminds us that the future of media, marketing, and technology is bright, bold, and led by voices unafraid to challenge the status quo.

Content Matters

What is Content Marketing? Content marketing can range from resources on your website to social media, but no matter what your preferred delivery method is, if you don’t have great content, you don’t have an audience. In today’s marketing and advertising landscape, content is at the core of consumer engagement, and as B2B professionals, we are encouraging our clients to develop and repurpose content as a key part of their strategy.

At Griffon Ventures, we believe that a well-executed content strategy not only attracts attention but builds trust and authority in your industry. Whether it's blogs, case studies, video content, or social media posts, great content is what keeps an audience engaged and coming back for more. It’s the key to creating long-term relationships with potential customers and partners, while continuously reinforcing your brand’s credibility.

But why does content matter so much? In today’s digital-first world, consumers are overloaded with information. To stand out, content must be informative, relevant, and most importantly, authentic. Without a clear and compelling message, even the best-designed campaigns will fall flat. At Griffon Ventures, we encourage our portfolio companies to use content not just as a marketing tool but as a means to solve real problems for their customers.

Repurposing content is another critical aspect of a successful strategy. Turning a long-form article into social media snippets, or transforming a webinar into an on-demand video series, allows businesses to get maximum value from their content. This approach not only boosts efficiency but also expands reach across multiple platforms, ensuring that the content is available in formats that resonate with different audiences.

In conclusion, content isn’t just king—it’s the cornerstone of digital marketing success. Whether you’re a startup or an established brand, focusing on creating high-quality, engaging content is the most effective way to ensure that your audience stays loyal, informed, and connected. So, take a step back, evaluate your content strategy, and remember: Content Matters.

Better Names Can Court Tech Consumers

We like our technology devices. A lot. As discussed in a recent Philter whitepaper, research conducted by Microsoft Advertising even supports categorizing our relationships with our devices in accordance with Jungian archetypes. The PC is the Sage, the TV is the Jester, and the mobile phone is the Lover: “It’s always close to you, its content is personalized to your tastes, and you can’t live without it.” This metaphorical breakdown highlights just how emotionally connected we are to the technology we use every day, and it brings to light a fascinating point for brands—the names of your products matter.

The importance of naming in tech products is often underestimated, but it can significantly influence consumer perception and adoption. In a world where technology is deeply woven into daily life, choosing the right name for a device or platform can build an instant emotional connection. Whether you're launching a new gadget or rebranding an existing one, the right name can elevate the consumer experience and create a lasting bond with your audience.

At Griffon Ventures, we understand the power of a name in tech branding. A name can speak volumes about a product's purpose, its audience, and the type of relationship consumers are meant to have with it. Consider how names like iPhone, Alexa, or Tesla evoke an immediate response. These names don’t just describe the product; they define the role it plays in the user’s life. “iPhone” speaks to a sleek, personal, and ever-present companion. “Alexa” reflects the notion of a helpful and almost intuitive assistant. Meanwhile, “Tesla” carries the weight of futuristic innovation and luxury.

But how do you craft the perfect tech name? It all starts with understanding your target audience and the emotions you want them to associate with your product. A name that resonates on an emotional level can drive engagement and foster brand loyalty. The name should reflect the product’s personality—whether it’s cutting-edge and dynamic or simple and dependable—and should align with the broader brand narrative you want to tell.

As consumer preferences shift, so does the approach to naming. For instance, consumers today increasingly expect technology to be seamlessly integrated into their lives. This expectation is reflected in names that evoke feelings of ease, intelligence, and personalization. As brands move toward more human-centered, intuitive experiences, the names they choose will only become more important in creating that connection.

For startups or established tech companies looking to develop meaningful connections with their users, consider this: names do more than label a product—they tell a story. Craft a name that speaks to the heart of what your device can do, how it will make life better, and why consumers can’t live without it. In the crowded world of tech, a name can be the difference between a product that fades into obscurity and one that becomes part of everyday life.

So, as we continue to surround ourselves with devices that fulfill emotional roles, from the Lover-like mobile phone to the wise Sage of our PCs, remember that the names we give them are more than just labels—they shape the relationships we form with the technology that powers our world.