Accelerate Your Impact on the World.VENTURE CAPITAL FUNDING THAT UNLOCKS YOUR STARTUP'S TRUE POTENTIAL GET FUNDEDWHY US
Dan Lok Ventures
Dan Lok, a.k.a. “The King of Closing,” is the founder of Dan Lok Ventures, and he brings a uniquely positioned investment philosophy and no-nonsense growth strategy that runs deep in his businesses and venture capital deals and focuses on rapid value creation.
Dan built several successful multi-million dollar companies and has shared his unique formulas for success with millions of people worldwide. The Dan Lok Ventures team continues adding value to entrepreneurs internationally, with the aim of providing them with much more than just financial capital.
As one of the few celebrity entrepreneurs and venture capitalists with a social media reach of over 54M+ views a month, Dan Lok is able to share this unique cumulative social capital and its growth effects to his venture fund partners.
What We Do
We are an active pre-seed to early stage angel investor in companies that aim to change the world with their market-tested products or services. Every month, we review large numbers of deals in a variety of industries, and understand important trends worldwide. We help winners win faster, no matter where they are starting up in the world.
Who We Seek
We invest in 10-20 high growth start-ups in a year who have a minimum viable product (MVP), with some traction. Before $5K MRR is usually a bit early, and if you’re over $100K in MRR, it is usually a bit late. We give priority to minority and women founders. Check out our FAQs HERE.
It’s your business, and you’ve already proven your MVP in your market. We make it our mission to catapult you, giving you access to the funds, our resources, our global network, and celebrity branding, to impact more people in less time. We Accelerate Your Impact on the World.
To qualify, you must meet the following criteria:
- You are operating in SaaS, A.I, Fintech, EdTech, and marketplace categories
- You have a minimum MVP with some users
- Your churn outlook is low and user base is starting to grow organically
- You have a deep knowledge and passion for your industry
- You value mentorship
HOW WE ACCELERATE YOUR IMPACT IN YOUR CATEGORY
SERIES A STAGE
Product Market Fit
Continue Growth with $1M-$5M
Our team is here to support you as you blast off on your journey to becoming king of your category, and that is what we know how to do.
At the Pre-Seed stage you’ll have ideas, but no products or customers, and we’ll be right next to you help to validate customer problems, market dynamics, and improving on your MVP. At Seed Stage, you’ll have gained more than a few fervent followers and we help you focus on transitioning to building a structured company. Finally, when you reach readiness for Series-A funding, you’ll have demonstrated a model in your category that is scalable with a large market opportunity, and we’ll help you continue raising funds for Series A and beyond.
Where We Help
At Dan Lok Ventures, we are startup fanatics-at-heart, having built many successful high-growth companies. Whatever the growth goal, we’re there to aid you in achieving those that growth faster. We have a deep knowledge of transforming ideas from concept to highly-trusted product for market.
💰 FINANCING GROWTH
We first invest at pre-seed or seed rounds, and then aim to invest in every round up to IPO. We are often the first check and generally lead investments.
In future rounds, we may personally guide you on seed and series A fundraising: we review and iterate on your messaging and pitch deck, run “mock investor” meetings, and make introductions to appropriate investors. We also may teach you how to run your process across multiple investors, and how to handle the subtleties investor funding closing.
👟 RECRUITING FOR SPEED
While hiring for talent is already a challenge whatever the project may be, it’s even more difficult to find talent that can withstand and contribute to startup-level growth and that are able to solve complex problems within tight timelines and under high stress.
At Dan Lok Ventures, our recruiting network becomes your network. We have unique relationships in many industries. The extended Dan Lok Organization and network brings people from many disciplines and backgrounds together.
Beyond just the contacts, we provide support during the recruiting process, helping to review your job reqs, providing intelligence on best practices, and meeting with key candidates as part of the “closing” process whenever you need the support.
🚀 PRODUCTION AND BLAST OFF
Building a successful startup is not easy. With Dan Lok Ventures on your side, we guide you through and provide learned wisdom around customer development and go-to-market. From establishing product-market fit to launch day, we’ll be there to help you accelerate your impact on the world.
During this critical stage we:
- Support you on your board from Day 1
- Provide access to our operations team and strategic partners to help you scale
- Make connections to our exclusive network of potential hires, customers, investors, and partners
- Offer over $250k in various startup resources
- Give you tried-and-true playbooks for your funding stage
🌐 COMMUNITY AND CONNECTION
Our first inaugural founder’s event is coming in 2022 — which will feature activities including info sessions, speaker series, founder socials, and more. When you team up with Dan Lok Ventures, you join a growing community of creators, innovators, and other amazing people. As a member of our network, you gain access to potential hires, customers, investors, partners, and friends!
Leverage Our Social Capital For
Venture Fund Founders Often Tap Into The Unique Reach of the Dan Lok Organization
Frequently Asked Questions
WHAT BUSINESSES DO YOU INVEST IN?
We invest in Saas, Marketplace, Fintech, AD, ED, Tech, and Artificial Intelligence.
Essentially, we invest in any good solid founders with deep tech knowledge, that have a product we think has the potential to be the next big thing.
If your product uses technology to transform the world and can change how we live and how we operate, those are the businesses we invest in.
We invest in the founder more than the business, and we look for founders with great potential.
WHAT BUSINESSES DON'T YOU INVEST IN?
We absolutely do not invest in retail, small business, or manufacturing.
If you only have an idea or you want to sell some products and services to your neighbors, that’s great you have an entrepreneurial spirit, but as investors, we don’t invest in businesses that are not scalable.
Basically, we invest in scalable businesses that have the potential to grow to $50-100 million USD per year.
If your business doesn’t have the potential to do that, then do not apply.
We get hundreds of applications per day, and you won’t get a reply. This is not to be rude, it’s just not to waste your time or ours.
I HAVE AN IDEA, WILL DAN LOK VENTURES INVEST IN MY IDEA?
No, we do not invest in ideas. We believe that a successful business is 1% ideas and 99% execution.
We’re looking for founders that can execute. Meaning you already have a minimum viable product, with some customers.
We’re not asking for a lot of customers, but you should already have your product-market fit figured out, and you should be looking for strategy, guidance, and capital to perfect your product and take it to the next level.
If you already have some organic growth, that’s even better. But we do not invest in ideas.
Because of our social media following, we get hundreds of applications per day, and you will not get a reply if you just have an idea.
If you have an idea but need help, you can check out our Youtube channel. We have thousands of videos, and our podcast has hundreds of episodes that can help you grow your business and make your idea successful. But as investors, we do not invest in ideas.
I'M RUNNING OUT OF CASH IN 30 DAYS, CAN YOU GIVE ME SOME MONEY?
The answer is no. If you’re running out of cash in 30 days, chances are you haven’t figured out your product-market fit yet.
You should put your head down and go back and tweak the product until the product works.
Bootstrap it, eat some ramen noodles, or something like that. More money will not solve your problem, you must work on the product first.
MY LAST BUSINESS FAILED, AND THIS IS A NEW BUSINESS I'M STARTING. CAN I STILL APPLY?
Absolutely, we won’t look at that and discredit you, we are much more interested in your new idea, and where your business is going.
Dan started and failed at 13 businesses, so he knows failure is not permanent.
If you learn from your mistakes, chances are you can take your mistakes and lessons and become a successful entrepreneur.
So apply, and let’s chat.
ENGLISH IS NOT MY FIRST LANGUAGE, MY ENGLISH IS NOT THAT GOOD, CAN I STILL APPLY?
Absolutely, Dan’s first language isn’t English either. We invest in emerging markets nationally and internationally.
So if English isn’t your first language, don’t worry, you can still apply. We particularly like tech companies from Asia.
I and my team members have the ability to understand and read Chinese and Spanish, so you can still apply.
Although, you will need basic English. We don’t expect you to be fluent in English, but if you’re selected, we expect you to be able to present your business model through a slide presentation.
MY BUSINESS IS NOT IN NORTH AMERICA, IS THAT OKAY?
Absolutely, we like to invest in international companies whether you’re in Europe, Asia, India or another country altogether.
In fact, we prefer Tech, because it’s an emerging market that has great potential. We can apply many of the North American business models and strategies to other countries and they’ll work very well.
So absolutely, it’s one of the things we look for in investment opportunities.
HOW MUCH DO YOU TYPICALLY INVEST IN EACH BUSINESS?
We typically write checks as little as $10 000 and as much as $100 000+ per investment, as we find that’s what we’re looking for.
We like to invest some money in a bunch of companies and not put all our eggs in one basket.
MY TECH COMPANY IS ALREADY DOING $1M IN ARR, CAN I STILL APPLY?
If you’re already doing those kinds of numbers, it might be a bit too late for us to get involved.
But you never know, so apply and let’s have a conversation.
Worst case scenario we can refer to someone else that will invest in that next round of funding.
ONCE DAN LOK VENTURES HAS DECIDED TO INVEST IN MY COMPANY, HOW SOON WILL I GET MY MONEY?
Sometimes you’ll get your money in as little as 30 days.
This all depends on how soon you can get your data and your numbers to us, and how fast we can run due diligence on your business.
You can expect the whole process to take between 30-90 days.
ONCE DAN LOK VENTURES INVESTS IN MY COMPANY, WHAT ARE THE MINIMUM EXPECTATIONS?
Something we expect from every single founder is for you to provide a monthly report to us.
It’s important we can see how the business is going with data and metrics, so we can get a good pulse on how the business is performing.
We also expect transparency. If something goes wrong, don’t hide it. Share that with us. We want to help and to help we must be involved.
Chances are whatever mistakes you’re making we can help you to reduce those mistakes. So, that is what our expectations would be.
BESIDES CAPITAL, WHAT OTHER SUPPORT DO I GET?
Financial capital is one thing, but if it’s the right fit, we’ll also be more than happy to utilize our social capital and social media followings to help you gain awareness.
We’ll make no promises, but for certain scenarios, if Dan is your partner we may be happy to utilize our brand, which will be worth a lot for your business.
We have a lot of experience that can help you when you’re building your team and scaling your company, especially in terms of social media marketing and team scaling.