I disagree with Sal's answer that you shouldn't be pitching at conferences. I built a good chunk of my early network doing exactly that. To be clear though, Sal is right that most investors hate being "pitched" at a conference and that's because the vast majority of founders do it completely wr...
Don't take no for an answer. If you believe in your app, then ask for investors. Start small and you can ask for more later. Spend as much time as it takes to come up with answering this question..Why would I buy your product or service? This will give you your USP. From there you will develop ...
As a rule of thumb it's better for you to continue investing yourself as far as you can. The reasons are: 1. The later you raise money, the more your business should be worth 2. You are able to retain more control of the business 3. Fundraising is very time consuming and will divert your att...
When you open a bank account for your corporation, you'll need to make an initial deposit with your personal funds. A shareholder's initial contribution can be recorded as either debt or equity. If you want to record the initial contribution as equity, you would debit cash for the amount deposi...
Kickstarter has indeed a stronger brand and the quality of its projects is generally higher. It seems Indiegogo is always the fallback plan. However, Indiegogo has a few strong points: * It is very strong in internationalization. It supports many more currencies, languages and countries than Ki...
I am assume you're talking about equity crowdfunding. There are several sites available now for accredited investors, which would be looking for a higher return than you are probably expecting. After May 16th this type of investing will become available to the general public. The SEC just opene...
Yes, when you file your taxes you write off your investments as a loss. You wont be be taxed unless your business turns a profit.
High net-worth individuals familiar with the industry or credit cards. Visa can make an amazing investor, just be sure to ask for money when you don’t need it.
I'm the Founder of a VC-backed company and I'm also an investor in a handful of other companies that are venture-backed. I'll answer the meat of your question. If you're building a B2B product, you *should* do it without VC funding. The reason for this is simple: Amongst the criteria of inves...
As much as you need to build out the product and raise at a 3-4x increased valuation. Typically that's 500K-1.5M and gives you 1.5-2 years of runway to build product, customers and team.