I built and sold an enterprise company to IBM. While the fundraising climate was very different then, here are the things you should look out for: As a general rule, if you're going to raise money, then you want to raise enough money that you can get the company to the next stage at which you'll...
Having just completed a top notch Accelerator program I can tell you that even in the great programs not every company survives. Accelerators and their coordinators are a good resource for entrepreneurs who may be in search of additional opportunities. That group of people varies greatly in ter...
It depends completely on the legal documents you both signed related to his investment in the company. Those documents will either provide for "information rights" or not. If the documents don't stipulate to these kinds of rights, you are not obliged to show the investor anything.
Hi, If you have a good pitch deck and a decent BMC (business model canvas), "all" you need to do is start sending it to investors. There are lots of free, online lists on the internet. The problem isn't finding them, it's making sure that you send the right pitch deck, the perfect emails/contact...
Hi I know you need start up funding and your best bet is to borrow capital or to partner with someone. While there are advantages is getting yourself out there real fast, there are still some pros and cons. I would suggest the following: a) Sit down and do a business plan or a projection for the ...
The contract is governed by the state in which the "Subject" of the contract will operate If the Subject should change operating location then the governing body changes. This applies to state laws of course, but not federal laws for obvious reasons.
When you state a % you are being pragmatical, but if you are rasing a convertible note valuation might not be so clear you will then be defining a cap and a discount. Silicon Valley VC's want to understand more what your burn rate is for the next "x" months and what would be your next funding or...
This depends on your business, of course, but typically you will want to show that you are running as a viable business on the operations side (that you have clear processes and team members have defined roles and responsibilities). You will want to have established your market (i.e. have some cu...
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 ...
As a seed stage investor (13 deals in the last 12 months) I'm happy to tell you it is easier than ever before to meet seed stage investors. Here are a few ways: 1) conect with founders in your city who have been funded. Ask for their advice. Impress them and let them introduce you to their inves...