I have bad news: If friends and family are no longer able to provide funding and you have raised $10,000 or more without having developed a website, then you have close to zero chance of attracting angel investors. Whatever money they have invested is essentially funding a learning lesson aroun...
Typically, establishing milestones and the credibility you can accomplish them is what enables an investment. People want to know what you are going to accomplish with their money. I find it's usefule to report your progress toward milestones and as well as any new information that would be usef...
I think you've really answered your question pretty well! The common options are: 1) Deferred compensation. Find someone that will agree to take a note in lieu of payment, with an enticing arrangement to pay them for their work when you get revenue. 2) Partial cash, partial equity. Equity do...
With all respect to Dan, I'm not seeing anything like that. You said "pre-revenue." If it's pre-revenue and enterprise, you don't have anything proven yet. You would have to have an insanely interesting story with a group of founders and execs on board with ridiculous competitive advantage bui...
From a web presence / marketing perspective, it'll take you a while to be a true competitor. That's not to say that you can't make some strong headway, just don't think that you'll get top search engine rankings for the most highly competitive phrases within the first year or two. However, with...
The biggest challenge is not finding money but finding viable livelihood options for the poor. I suggest you study Prof. Yunus work. First work with the poor and let them come up with local opportunities for generating income. Take a few viable cases and fund them. Once these ventures are viable,...
You didn't provide much information about your startup. This I think is critical to properly answer this question. Be analytical however. Put yourself in the investors position and determine with each investor if they would entertain that idea, as you put it. If not, don't risk losing their inves...
Since no one has actually answered your question, let me try and give you some specific guidance: The "fair" range would probably land between $5m-$15m pre-money. For the low-end ($5-6m) to be fair, you'd be in a tiny (measured by total addressable market) with slow growth on that $2m as mea...
I'm not usually big on crowdfunding, but this is the sort of thing that it was created for. I would think that if you made your pitch compelling you'd be able to raise a fair amount that way. I would also suggest that you really pear down your app so as minimize expenses. Use only one developer,...
In a book, "Slicing Pie", Mike Moyers shows you different methods of securing talent prior to paying them a salary or securing investment capital. You can also use an ICO model similar to IPO except it is using a digital token to secure funding with a promise to buy back tokens. There are sever...