Vehemently disagree with Noam that you should spend anytime on a business plan. You should be spending *all* of your time getting your product to market. The likelihood of any investor investing at the pre-product level is low. While it does happen, it is almost always when investing in a prove...
It's a bit difficult to give an estimate with the information provided. I'm not sure if your question is related to adding privacy to an existing server code or you need the whole server side done. The later is significantly more cost and has an unknown scope based on only the info given. You ...
There are several factors to consider: 1. Profit share does not have to equal equity. As an example, two people can agree to split net profits 50/50 even though the percentage of equity is split 60/40. Just get it in writing. So find out their expectations for long term income and equity. Are th...
I can tell you that this proposed structure will significantly reduce NewCo's ability to raise additional capital. The idea too that the startup's valuation can jump from less than $200,000 to $10m just through the creation of an MVP in a relatively short period of time is also unrealistic. If ...
To directly answer your question, different products have different requirements and are subject to different regulations. And each product and product category should be evaluated individually. You can check the government link for some related info. https://www.ic.gc.ca/eic/site/ceb-bhst.nsf/...
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Hi, you need someone that has done investment before. An investor is better than a startup founder that has raised capital. An investor looks daily at a startup pitch and knows exactly what are the key elements that a pitch need to be interesting. Fundraising is a full-time job and a lot of start...
The idea of an MVP is 'minimum, viable' ... If you feel you need a "good amount" of funding, I would challenge if you are minimum enough. Obviously, without knowing the details of your product, your ideal customer, or what need you will solve, it is hard to help expose what is necessary in an MV...
Hello, I can help out with advice on the technical aspects. Not sure what low-mid budget means for you, but I can tell right off the bat that something like SAP or Salesforce will be overkill. At the base of your tech stack will be the eCommerce platform - i.e. the website - and your back-offi...