I vehemently disagree. I would recommend not following-up with any angel investor who asks you for a business plan. You yourself should be able to credibly articulate how you envision the next 12 months unfolding and especially how you intend on spending the money you raise, but that's about it...
An increasingly popular ideology among startups is to create strong partnerships with outsourced assets. I have recently done a lot of work in the speaking industry and they outsource everything basically running a virtual office. In short, my answer is yes, know what you do well and find othe...
Try local Meetups and local chapters of Startup Grind and Founder Institute. Many of the ones I attend here in Orange County start with pitches from the floor, and there are often several events a week. Bear in mind that all investors are looking to eliminate the following so make sure you addr...
There is a risk. At some point, you have to trust that the people you surround yourself with will not take your IP to a competitor. I doubt you will blindly add folks to your team without establishing a relationship with them first. This relationship is the basis upon which the trust is built. ...
Assuming that you have a product in market and have some traction 1. What is your growth plan? 2. What is your 3, 10, 20, 30, 60 day retention numbers? 3. If you have UGC, what is the % of DAU who are creating content? 4. What is the ratio of DAU to MAU to install base? 5. What is the viral coeff...
You should leverage angel.co to help you target who to go after.
What you're asking is very complex and to me 2% to 4% seems like a terrible ROI. There is a lot of information that needs to be provided to determine how to structure the deal and if it's even a good deal. Are you getting equity (a part of the ownership of the company) for your investment? If yes...
Dear Client, I am a Merchant exporter. I had lot of experience in International fund transfers. Normally Banks will automatically charge wire transaction fees. But there is no way the respective banks ask for Western union money transfer fees, So probably that's a scam. Kindly call up on your ban...
Raising money is a choice, if you can self funded until the concept is proven and you start getting traction, don't give up equity early on. In any round, you give up a piece of the pie, the longer you are able to self fund, the better the end result for you. You will be in strong position if y...
Hi First of all - good luck. Second, the TAM is less important, the SOM (relevant Share of Market) is the important piece of the TAM, and this is much smaller. Either way, not everything that shines on paper shines in real life, or as mike tyson said: "everyone has a plan until they get punched ...