How can an entrepreneur quickly raise funds for a new startup without the help of an Angel investor or Venture Capitalist?
Wednesday, 27 May 2020
Overwhelmingly most (as in 99.99%) of entrepreneurs first draw from their savings, credit card, loans, and friends & family. Angel investors tend to come in your next stage; after you’ve started the business. Venture Capitalist isn’t likely until after that. Some (few) new ventures start thanks to a grant. So how do you quickly raise
Thursday, 14 May 2020
I can’t think of any time ever that anyone has raised a seed round to build an MVP. You’ve been misled. The MVP is what you build. A website. A newsletter. Social Media audience. You build something minimal, that alone could be viable. Yes, say, a newsletter. If you can prove that people want that,
Thursday, 25 July 2019
You don’t need a CFO for seed funding. I’ve never heard of a seed stage startup getting an interim “CFO” – particularly for the sake of fund raising. At this stage you need to make sure your accounting is in order and you PERSONALLY should know how and have build Pro Forma financials, models, etc.
Monday, 18 March 2019
hat is the easiest way to explain angel investing versus venture capital? Easiest way? Angel investing is an individual investing directly in something the know and support, with a high tolerance for risk. Venture Capital is a fund comprised of investors, managed by partners, investing in companies they believe can exit at a rate that will
Monday, 04 February 2019
No! If you want to get VC in the future, should have been getting to know them yesterday. Your BEST advisor for what it takes to get Venture funding is NOT likely your Angel. You want to make sure you know what the VCs will think so you can plan to get there. Now, do
Tuesday, 28 August 2018
There are two types of people in the world. Those who know what they’re doing and those who don’t. Your challenge, as an entrepreneur raising capital, is to discern the difference. Even with the very best of intentions, wealth doesn’t necessarily = experience, good advice, and sound decisions. In venture capital this fact can lead to disastrous
Thursday, 16 August 2018
Today’s risk-averse / Lean Startup / focus-on-customer economy has really done a number on startups… Moreover, the move of startup investment from the U.S. coasts, regions sophisticated in tech and finance, to middle America every-wealth, means that everyone fashions themselves and “Angel” or “VC” because they “invest in ‘startups’” (and yes, I mean to use all those