In the Bothsides article, “Should Startups Announce Their Funding?”, this question is dicussed and answered with a resounding, “YES!”
Bothsides offers 5 good tips about releasing such an announcement:
#1 You might get more help. If you announce your start-up funding, people will see that you are a good investment, and maybe help you even more.
#2 Watch your legal stuff. Filling a Form D for Reg D, a legal obligation after 15 days of selling a private security, will automatically go on public record. If you don’t announce it, someone else will. There is a huge amount of merit in choosing your time and way to make an important business announcement.
#3 Announce it solo. Take every opportunity for the limelight; so don’t combine it with something else earthshattering.
#4 Be ready. Once you announce, your competition will pay attention.
#5 Be open. Don’t try to make this a sneaky thing, just tell it straight.
Posted by Jessica Frye