That's great what you've done so far! I've raised over a million dollars specifically from angel investors. Raising money is usually a full time job. In order to get angel investment you need to put together a good pitch deck, practice your pitch and be prepared for good questions. Next you ...
This is a complicated question that likely requires legal advice particular to the startup. However, compensating employees at a seed stage typically takes the form of stock options or restricted stock units (RSU)s. Stock options essentially give you the right to buy shares at a certain price (“...
Option 1. Before you muddy the waters go to a local bank and see if they can help. They may be able to provide you a short term loan. Option 2. Ask friends and family if they will loan you the money. Option 3. Get a pitch deck together and get on AngelList
Almost every angel investor is going to want to meet you in-person to make a decision, so it depends on the amount of capital and time you are willing to spend in meeting investors outside of NYC. I would personally go to any length to meet an investor who has expressed interest in meeting wit...
Raising capital and funding for a business, especially in the early stages like pre-seed and seed rounds, can be challenging, but there are several strategies you can consider to secure funding for your dance and production company without relying on personal credit. Here are some options to expl...
It's a tough ask because there are so many people looking for developers to work for free and not enough developers around to fill the paid jobs. However, there are some people who if they love the idea might come on board, more likely as a side project. To find tech co-founders have a look at ...
Having a prototype is essential if you want investors to take you seriously. So good job on getting that. It would be very good if you can also get a designer to also make 1 or 2 sleek representations of your vision for what some key screens of the app could eventually look like. These screens ...
I haven't seen a deal structured this way. Usually they get 6-10% equity I exchange for some small amount of money ( ~ $25k ) and tons of mentorship. 15% for $20k seems high ( you are valuing your company at $133k ) but there might be more to it. Accelerators are great specially for unknown foun...
I'm not trying to be a contrarian for the sake of being a contrarian, but can you afford to NOT do proper screening on VCs? If you're averaging $100K/month in revenue, then you'll be the pick of the litter, assuming your pro forma, etc., add up for the investors. A bad fit in an investor can hurt...
It depends on the size of your round but the honest truth is that none of them are effective by themselves. They can be helpful in constructing the total round, but would almost never be able to raise 100% of the round, assuming you're talking about a true seed round of at least $750k. If you...