How to Determine Valuation?
Seed Stage: Early-stage valuation is described as an art vs. a science. If we describe valuation as a science, these factors influence the outcome: Read more »
Category Archives: Funding
Crowdfunding Your Way to the Top
Crowdfunding is asking a crowd of people to donate a defined amount of money for a specific cause or project in exchange for various rewards. There are three general categories crowdfunding can fall under: Equity, Donation, and Debt.
Equity-based crowdfunding is asking a crowd to donate to your business or project in exchange for equity.
Fundraising the Venture Capitalist Way
The larger your network is, the better, that’s a given. Venture Capitalist’s would be at the top of this list. A warm introduction is also a must as even last new firms saw 800 deals on average. Bigger firms see even more. VC’s use filters – where did you go to school? What company did you use to work for and most important, who referred you? The larger your network, the more your network likes what you are doing, the more likely they are to introduce you.
One top venture capitalist was quoted saying “Startups are really f—g hard. If you don’t even try very hard to get introduced to me, how much effort can I expect you to put into your company?”
Breaking a Dry Spell
Athletes have them – a time when they can’t seem to get a hit, score a goal or contribute positively to their team no matter what they do.
Actors have them – they might have been all the rage once and now they can’t seem to get a good part.
Singers can be one hit wonders or they can come back again and again and stoke their careers even over the span of different generations.
How to Raise Money and Small Business Financing
Contrary to popular belief, business plans do not generate business financing. True, there are many kinds of financing options that require a business plan, but nobody invests in a business plan.
Investors need a business plan as a document that communicates ideas and information, but they invest in a company, in a product, and in people.
