1. 4 year vest with 1 year cliff 2. Your option pool is based on what you and your lawyer have allocated. 3. Usually it is a 10-15% option pool for future employees. 4. You can grant more options to each employee based on performance. Many ways to do it. There is no one size fits all.
There is a famous saying in Silicon Valley "if you ask for moeny you will get advice, ask for advice and you will get money". With this said, I'm a strong believer that is more important to get the right investor than to get a good valuation or a lot of $$. Money is the same everywhere, green. ...
Try online forums. There are the cheapest of options but obviously not the safest or most reliable. Can't have your cake and eat it too. Otherwise maybe consider flying to these areas and knocking on investors doors. It took me a year and a half for my first startup to get funding and a lot of ...
To answer your questions: 1) Mobile companies at your stage usually raise angel funding at a valuation equivalent of $5,000,000 for US based companies and $4,000,000 to $4,500,000 for Canadian companies. 2) The valuation is a function of how much you raise against that valuation. For instance, s...
It depends on many factors. Are they willing to do it as a convertible note? If you're early stage the debt will be a burden if you don't have revenues in short order to repay it. 20% is extremely high and if you can't repay in revenues it could bankrupt you. Investors outside the U.S. Are not ...
Create an investor list who have a history of investing in similar lines. It may lead to deep research. Reach out to them via mails/calls for an introductory call. I am sure someone might be interested in your product but patience is the key. I helped a similar client in the past with some back g...
If you're structured as a C-corp (which, if you're going to raise venture capital, you should be), then it shouldn't matter. Most VCs have foreign LPs. If you're an S-corp, it can be a problem due to limitations around who can own shares. Also if you're doing government work, it could be a proble...
From my experience I would not advise you to go with Venture Capital when you're a start-up as in the end they will most likely end up screwing you. A much better source for funding would be angel investors or friends/family. The question of how much equity should I give away differs for every s...
I can absolutely help with funding and series A. There are many questions I have for you before I can make any intros. I live in silicon valley and personally know many VC's. Schedule a call and we can take it from there.
If you can skip investors and run with your customers money - do this until you're ready for big round. What is good traction...? It depends on how you sell it to investors, how you pitch them, actually. It's not about real traction on this stage in 99% of the cases. But... if you really want to ...