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 ...
10X in 3 to 7 years is home run. 3X is a single. All of it is subject to 35% IRR - anything less is not worth risk.
Yes, I'd contact them one by one. The best time to raise money is when you don't need it. And most investor relationships take awhile to ripen, so to speak, so if you start nurturing those relationships now, then you'll be in a good place with the investors when fundraising becomes a priority. I...
In my experience, angel investors bring money but little else. There are exceptions (super angels, etc.), but most angels expect you to run the business, have the ideas, turn them into something profitable and figure out how to make it all work. If your investor has specific expertise in your...
For starter, you can apply the framework that you used to sell a product in your eCommerce business, to selling a brand/website/company to potential buyer/investor. Since you have experience in eCommerce, this must be familiar with you. For example: 1. Understand the market. Is there a market fo...
Simple: The right investor is someone who wants to invest on standard terms at a good valuation relative to your current stage. Extra bonus points for someone who has relevant industry connections that could accelerate your business and is willing - at the right time - to make introductions for...
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 am a corporate technology lawyer experienced in setting up venture funds and acting fur funds in their "portfolio" investments. Always happy to see new innovative approaches to investment funds. The above offering can be done. I suspect it would require more "maintenance" on the fund level and ...
Definitely a C-Corp in Delaware. You can use the SAFE (Simple Agreement for Future Equity). That's a better version of the convertible note, made by Paul Graham from Y Combinator. You can find it on his personal website. You should buy the best seller book THE ART OF STARTUP FUNDRAISING by Alej...