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10 Answers That Will Make Your Startup Plan Worthy of Investment

10 Answers That Will Make Your Startup Plan Worthy of Investment | Pitch it! | Scoop.it
Having all the answers when you pitch investors will lead them to ask only one question: ""How soon can I sign up?"

Entrepreneurs who are looking to attract investors need to develop and pitch a plan -- preferably written -- that answers every potential investor question about your startup before it is asked. You may be quick on your feet with answers, but if investors have to ask any of these questions, you raise the specter of hiding something, or of not being astute enough to know what’s important.

Either of these qualms can ultimately sidetrack your startup as not worthy of investment, so it pays to do your homework on what you say and how to communicate effectively. As a startup advisor and investor, I recommend a pitch deck with about 10 slides backed up with a written business plan of approximately 20 pages, both containing quantified answers to the following key questions. Read more: click image or title.



Get your Free Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

Brief overview of how to prepare your #investor #pitch.



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Top Three Pitch Presentation Tips for Tech Startups

Top Three Pitch Presentation Tips for Tech Startups | Pitch it! | Scoop.it

You’re standing in the hallway with a group of fellow entrepreneurs; everyone is nervous, yet pretending not to be.

In the room next door, 400 people sit awaiting your appearance on the main stage. You are sixth in the line to give a two-minute pitch to the 800 eyeballs looking in your direction.

Do you have a clicker for the PowerPoint? Are you ready for the Q&A section afterwards? Should you rely on your note cards or try to do it from memory?

Just to add to your nerves, your phone is buzzing in your pocket. Will you check it now, or might it throw you off? Wait..where is the closest bathroom???



Get your Free Business Plan Template here: http://bit.l/1aKy7km


Via Pantelis Chiotellis
Marc Kneepkens's insight:

How do you get yourself under control before delivering your #pitch to an audience? Here are some interesting tips. I especially like 3.

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4 Signs Your Start-Up Needs an Exit Plan

4 Signs Your Start-Up Needs an Exit Plan | Pitch it! | Scoop.it
Ready to kiss your start-up goodbye? VC principal Geoff Lewis offers four ways to tell if you're prime for the picking.

Exit strategies are rarely mentioned by start-ups, yet they are something every business owner needs if they hope to be acquired, said Geoff Lewis, principal at Founders Fund, a venture capital firm.

Speaking Tuesday at Internet Week in New York, he explained, "entrepreneurs and VCs don't often talk too candidly about how to think about getting acquired, because the best start-ups don't actually sell. The truth of the matter is that the vast majority of start-ups will not IPO, and most start-ups are also not suicidal. They do not want to die. Start-ups do not want to go off into the night with no exit whatsoever." 

There might not be an incentive to plan, as there's nothing to gain for investors, but entrepreneurs don't want to risk running their company into the ground before the deal has been finalized. 

Here are four ways to tell if your company needs a makeover before you try to offload it: Read more: click image or title.


Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com


Marc Kneepkens's insight:

Ready to quit? Time to look at #exit strategies.

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Pitch, Please: 14 Must-Read Pitch Lessons Every Startup Founder Should Know

Pitch, Please: 14 Must-Read Pitch Lessons Every Startup Founder Should Know | Pitch it! | Scoop.it

A few reasons you won’t raise money:

  1. Your business isn’t the right fit for VC (which is totally OK!)
  2. You business could be interesting to VC, but you have nothing yet. Stop pitching, and focus on building a solid business that solves a big problem, getting customers, and assembling a great team.
  3. You’re not talking to the right investors, or you may live in a city without a mature ecosystem that supports early stage companies, or…..
  4. Your pitch sucks, and you can’t tell your story on stage or on the fly.  

I can help with the last one.

Building a great business is more important than a great pitch, but if you don’t know how to tell your story, you probably don’t understand what is most interesting about your business. This problem affects more than just fundraising.

The hardest part about pitching is that it’s not about you. It’s a delicate balance between being authentically who you are, but more so focusing on what is important to your audience. This is what I help founders understand. Read more: click image or title.



Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com



Via marcduke
Marc Kneepkens's insight:

Another great article on how to pitch and the reasons VC's want to see to #finance you.

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How to get your project funded, some advice and ideas

How to get your project funded, some advice and ideas | Pitch it! | Scoop.it

Funding multi million dollar projects is a serious matter. Having a great idea is just a start.
Here are a few steps to follow:

Have a set of quality documents ready for the funding process, first of all you need a good teaser, this is a brief description of what you are looking for: Do you want equity or debt or a combination? How much are you looking for? What type of project do you have? What country is your project in? Just remember, this is like an elevator pitch, you only have a few seconds to catch the attention. Make a good title and put all of the important information in that title or first sentence. The rest of the paragraph is a description with a few more details and contact information. Read more: click image or title.





Get your Free Business Plan Template here: http://bit.l/1aKy7km


Marc Kneepkens's insight:

Dealing with this on a daily basis is frustrating. It triggered me to write this brief article on what matters when looking for #funding.

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Modi government to provide launchpad for disruptive ideas: Startup Act in works - The Economic Times

Modi government to provide launchpad for disruptive ideas: Startup Act in works - The Economic Times | Pitch it! | Scoop.it
At the heart of the initiative is distilling the cumbersome process of compliances under 22 different laws into a two-page Startup Act.
NEW DELHI: The Narendra Modi government wants to provide a powerful launchpad for startups by drastically simplifying the rules and ensuring that innovators are able to take advantage of such an enabling environment, thus unleashing entrepreneurial energiesBSE 1.29 % and creating jobs.

At the heart of the initiative is distilling the cumbersome process of compliances under 22 different laws into a two-page Startup Act, a senior government official told ET. The Department of Industri ..


Get your Free Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

#India has big #startup ambitions. Government support will definitely be of great help.

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$7.3 billion invested in Indian startups in three quarters of 2015

$7.3 billion invested in Indian startups in three quarters of 2015 | Pitch it! | Scoop.it

In the past nine months, angel investors and venture capitalists have been active. Between Jan-Sept 2015, $7.3 billion has been invested across 639 deals.

Is the number of startups being funded in India enough for the country’s ambition?

While the highest number of deals for a given month in India was 99, in the US there were 1200 deals in Q2 of 2015. According to PwC and National Venture Capital Association historical data, in Q3 2015 there was a dip in terms of the number of companies being funded in the US, though the invested dollar amount didn’t take that much hit.

And in the US, the amount invested in Q2 2015 was the highest since Q4 of 2000. Q3 2015 was down by 5 percent in terms of money poured in startups in early and late stage deals. Read more: click image or title.



Get your Free Business Plan Template here: http://bit.l/1aKy7km



Marc Kneepkens's insight:

#India is moving up in the #startup world. Even Modi sees the potential, as stated in the article.

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Pitch Deck Examples: investor decks from successful startups

Pitch Deck Examples: investor decks from successful startups | Pitch it! | Scoop.it

This article is part of our new Pitch Deck Examples initiative, a blog + podcast focusing on the best pitch deck practices.


If you made it here your are probably looking for inspiration to create a pitch deck for your own startup. Let me start by saying that this might not be the best approach to take when pitching investors.

Each investor deck should be tailored to the companies strengths. The story you tell about your idea, team and concept validation (yes, metrics!!) is what will ultimately determine if your deck is appealing or not. Read more: click image or title.




Get your Free Business Plan Template here: http://bit.l/1aKy7km


Marc Kneepkens's insight:

Some great examples of pitch decks, including Airbnb's and Buffer's.

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Marc Kneepkens's curator insight, October 19, 2015 4:44 PM

You still need your documents, such as #BusinessPlan.

SageRave of Get Custom Content's curator insight, October 19, 2015 5:54 PM

Need  free business plan template?

Howard Jacobson's curator insight, October 22, 2015 5:53 AM

Pitch decks are always a challenge - what do we put in, what do we leave out, what does the potential investor want to see? - this article is a good insight and provides great examples from famous companies

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Startup Professionals Musings: 8 Types of Investors That Entrepreneurs Need to Avoid

Startup Professionals Musings: 8 Types of Investors That Entrepreneurs Need to Avoid | Pitch it! | Scoop.it

Need cash to fund that startup? Getting a heads up so that you survive the first round is critical.

Don’t assume that all investors are the same, just because their money is always the same color. Every entrepreneur should do the same due diligence on a potential investor that smart investors do on their startups. Check on their track records, values and management style. Taking on an investor is a long-term relationship, like getting married, that has to work at every level.

Let’s just say that every investor is different, without trying to define what is good or bad for you and your startup. Investors are human and subject to human tendencies, whether they are your rich uncle, an angel investor with personal funds or a venture capital investor with institutional money. Here is a summary of some key investor stereotypes that generally need to be avoided: Read more: click image or title.




Turn Your Business Plan into a Private Placement memorandum, Quickly, Easily & Inexpensively  (For those looking to raise between $100,000 and 10 million dollars) http://bit.ly/1Lr9RrI

 


Via Craig Stark
Marc Kneepkens's insight:

Not every #investor is good for you. here are some that you don't want to get involved with.


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Craig Stark's curator insight, October 13, 2015 8:08 AM

Save yourself from the vulture capitalists that will eat you alive for a stake in your company.

 

I was asked "how do you define a vulture capitalist"- so rather than me try to recall the various profiles, Marty Zwilling has graciously listed them here for you to heed.

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11 Grants for Women-Owned Businesses You Need to Know About

11 Grants for Women-Owned Businesses You Need to Know About | Pitch it! | Scoop.it
You already know you're unstoppable. Here's how to get the cash to prove it.

In 2014, there were close to 9.1 million women-owned businesses in the United States, a 68 percent increase since 1997, according to The 2014 State of Women-Owned Businesses Report from American Express. This percentage increase exceeded the national average of small business growth by 1.5 times.

It also illustrated what we already know: Women entrepreneurs are having a tremendous impact on the small business landscape nationwide.

Yet to continue to be competitive and grow, these entrepreneurs have to find funding for their ventures. And, alarmingly, women entrepreneurs are increasingly being turned away by banks for small business loans. Thankfully, they still have other options, given the rise of technology-driven financial lending sources -- such as online loans, peer-to-peer loans and crowdfunding.

Then there are government grants. While not widely known or used, these grants are another great option for women seeking extra funding for their business ventures. They just take a little more work. Read more: click on image or title.


Get your Free Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

Another option to get your business started is to obtain a #grant.

This article offers a good introduction and has a list for #women

's grants.

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Reflecting On The First 100 Investments – Haywire

Reflecting On The First 100 Investments – Haywire | Pitch it! | Scoop.it

As I begin Haystack III, I wanted to write down and share the reflections I’ve had on seed investing to date. However, please note (1) I’m still learning; (2) I’ll make new mistakes; and (3) these reflections are for me, and not generally applicable to others — there are 101 ways to invest effectively and different things work for different people. And, ultimately, (4) it is a privilege for me to be even just a small investor, and it’s a privilege I take seriously, and am grateful for all the investors in my fund and founders I’ve gotten to work with — they have all taken a chance on me, and that is a very humbling set of circumstances to keep in mind.

With that, here’s what I’ve been reflecting on with 100 investments now in the portfolio, three years in. I don’t have a technology or investment background, so I wanted to invest in a lot of companies quickly as a way to speed up my learning, but I know in the back of my mind, there are no shortcuts and will be more learnings in the years to come. [I want to dig into some my stats (as I’ve shared on Twitter before), but I’ll do this in another post, as here I want to focus more on what I’m taking away as I move into Fund III.] Finally, I’ve had a tough time organizing my reflections in specific categories, so this may ramble a bit. Apologies in advance. Read more: click image or title.



Get your Free Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

This blog article is full of information on how to select a #startup

for #seedfunding. Every #founder should read articles like this. It tells you what is important, how the #investors think, what they #value, and what their experience is. Brilliant.

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Ashton Kutcher explains his 3 rules of investing - Business Insider

Ashton Kutcher explains his 3 rules of investing - Business Insider | Pitch it! | Scoop.it
Kutcher may be best known for his comedic roles, but he's also a successful investor in companies like Airbnb and Uber.

Ashton Kutcher built a fan base as a goofball character in sitcoms and movies, but he has been seriously focused on his investments over the past several years.It's why his friend Mark Cuban, one of the regular investors on the show "Shark Tank," invited Kutcher to try out for a guest-investor role in the show's seventh season, which began Friday. After getting accustomed to the format, Kutcher dived right in, making a deal, offering entrepreneurs valuable insight, and even sparring with the brashest of the show's investors, Kevin O'Leary.Rather than begin investing on a whim, Kutcher reached out to prominent Silicon Valley angel investor Ron Conway, who became his mentor in the late aughts.Since 2010, Kutcher has been an investor through his venture-capital firm A-Grade Investments, which he founded with the entrepreneurs and investors Guy Oseary and Ronald Burke. He was an angel investor before that. He also connected with Marc Andreessen, one of the Valley's premier investors, and Andreessen wisely persuaded him to invest in Skype in 2009.He has invested in seed and Series-A rounds for companies including Uber, Airbnb, Spotify, and Casper.In an interview for his website A-Plus, Kutcher said he had three rules of investing, which are focused on what he sees in entrepreneurs: Read more": click image or title.




Discover how to raise capital on your terms, by legally soliciting and selling securities to angel investors in the United States.

Check out…    http://bit.ly/1Lr9RrI


Via High Above the Clouds
Marc Kneepkens's insight:

These rules make sense and teach something to #entrepreneurs who want to #pitch their #startups to #investors

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3 Ways to Find the Right Investor for Your Business

3 Ways to Find the Right Investor for Your Business | Pitch it! | Scoop.it
Seed funding, angel investors or venture capital? Which one is right for you?

There's a point along every entrepreneur’s path to success where the option is either to acquire capital or watch your company crumble. But there are subtleties to capital that all entrepreneurs should know.

It’s important, for instance, to know that the right kind of funding can have a huge impact on the direction of your company. In a recent survey of small business owners, fully half of the businesses surveyed, with 11 to 50 employees each, listed “cash flow” as their top concern. Twenty-one percent reported a closely related issue, “raising capital/funding,” as their top concern 

These concerns reflect what small business owners everywhere face. Capital is easier to access than it has been in the past, but it is still imperative that owners choose the funding source that will best match their specific needs.

Even billionaire entrepreneur Richard Branson has pointed out that an investor’s deep pockets are "not the essential quality that will sustain the relationship and the business in the long term.” So, if you are unfortunate enough to choose the wrong financial partner, your move -- according to Branson and common sense -- will “dim the spirit and enthusiasm of a new enterprise, muffling the spark that prompted you to launch this project." 

That spark, Branson said, is the one that "is most likely to make your venture different from your competitors.'" Here, then, are some tips for recovering that spark and finding the right investor(s). Read more: click image or title.



Discover how to raise capital on your terms, by legally soliciting and selling securities to angel investors in the United States.
Check out…Financial Architect®

Marc Kneepkens's insight:

Learn about the straightest and cleanest way to #funding your #startup, do it right from the start and in #compliance with the #SEC. Learn from a #venturecapital company how to...

http://www.business-funding-insider.com/RaisingCapital.html


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10 key pitching tips for future success... - Tech2Brand

10 key pitching tips for future success... - Tech2Brand | Pitch it! | Scoop.it

Over the next 12 months, many start-ups will be involved in high pressure 'pitching' competitions, here are my 10 key tips for succeeding when you next compete.

As a start-up, over the next 12 months, you will be involved in high pressure ‘pitch’ competitions, Whether your pitch needs to be 1 minute, 5 minutes or 20 minutes, it is crucial that you get it right ‘first time’ if you want to succeed.

Having been a judge on numerous competitions, I have seen many pitches fail, not because the tech wasn’t right, but due to small errors occurring (eg. pitch running over time, videos not working on the day, formatting on the slides different to what was originally submitted).  Unfortunately, these small inconveniences, can be THE difference between success and failure on the day.

To ensure that you don’t make the same mistake as others before you, please find detailed below 10 key ‘pitching tips’ for future success:

Read more: click image or title.



Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com


Via marcduke
Marc Kneepkens's insight:

Never done an #investor #pitch before? Take a look at these tips. Good advice.

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What Investors Want - Visible.vc

What Investors Want - Visible.vc | Pitch it! | Scoop.it
Figuring out what a VC investor wants is crucial for the success of your startup fundraising round.

With the number of places available to gather information on how VCs invest – Mattermark and CB Insights on the paid side, Crunchbase and Angelllist for the burn conscious – it is no longer difficult to understand who you should be trying to raise money from.

Want to know who most prolific early stage FinTech investors are, for example? LMGTFY…the first result from CB Insights gives you a good starting point. Great! So it looks like 500Startups is very active in the space but they are a big firm, who should I be reaching out to there? Well…a second Google search might lead to something like this. Read more: click image or title.



Get your Free Business Plan Template here: http://bit.l/1aKy7km
or check out the Growthink product line to get funded by VC's or angel investors: http://www.business-funding-insider.com/growthink-products.html


Marc Kneepkens's insight:

How to approach the right #investor or #VC.

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Marc Kneepkens's curator insight, January 23, 5:35 PM

Learn about the mindset of #VC's and how to approach them.

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5 Heavy-hitting corporate venture funds honing in on the Internet of Things- Postscapes

5 Heavy-hitting corporate venture funds honing in on the Internet of Things- Postscapes | Pitch it! | Scoop.it

5 Heavy-hitting corporate venture funds honing in on the Internet of Things - A closer look at Internet of Things corporate VC funds -

Traditionally larger companies have shown their interest in innovative start-ups through simply acquiring them. Today global corporations are teaming up or going head to head with traditional tech VC's to back the companies at different stages of their growth. Able to use their bank rolls and extensive partner networks to bring ideas to reality for similar types of companies while achieving their same strategic goals of helping their internal departments innovative and distributing their R&D costs.

 Here are five CVC funds targeting the IoT to keep your eye on:

Read more: click image or title.




Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com



Via Pierre Casanova
Marc Kneepkens's insight:

#CorporateFunding is a smart route to get #funding for your #startup. It comes with many advantages.

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4 Things You Need To Attract Venture Capital Firms 

4 Things You Need To Attract Venture Capital Firms  | Pitch it! | Scoop.it

With the striking advances in technological innovation in India, the venture capital market is becoming increasingly competitive. Ensure that you put your best foot forward to convince an investor. Otherwise, you might miss out on golden opportunities. Research shows that out of 100 startups, only two or three are able to make it to the next level. So if you are aiming for venture capital firms in India, you must start with the right set of things.
 
Knowing how to raise capital in India is critical as the market is so huge that there is enough chance of losing potential investors. Here are a few simple tips that can make it easier for you to attract venture capitalists.


Read more visit at http://mergeralpha1.weebly.com/home/4-things-you-need-to-attract-venture-capital-firms




Get your Free Business Plan Template here: http://bit.l/1aKy7km







Via Merger Alpha
Marc Kneepkens's insight:

Approaching #VentureCapital companies is a challenge. Preparing the right way will increase your chances. This article offers some great insight.

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How To Close A Funding Round

How To Close A Funding Round | Pitch it! | Scoop.it


The following question was posted on my forum the other day and is something I get asked frequently. Here is the question followed by my answer:

Question

I am currently in the process of trying to close a funding round. I have investors who are willing to commit today and others awaiting advanced assurance for the Seed Enterprise Investor Scheme (SEIS). What is the best way of closing this round? Do I need to wait for everyone to be committted before i accept money from investors? 

Answer:     to read more click on image or title.




Get your Free Business Plan Template here: http://bit.l/1aKy7km



Via marcduke
Marc Kneepkens's insight:

Great overview on how to finalize a #fundinground

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You Too Can Now Invest in Startups! What Could Go Wrong?

You Too Can Now Invest in Startups! What Could Go Wrong? | Pitch it! | Scoop.it
The SEC has finally approved rules to allow anyone to buy equity in a company–so-called equity crowdfunding. Here’s what you need to know.

You, your mom, or that random guy down your block will all soon be able to join the ranks of startup investors.

The Securities and Exchange Commission voted this past week to approve so-called equity crowdfunding rules for investors, an effort spawned by the passage of the JOBS Act way back in 2012. What that means is that startups or small businesses looking for investors can go through brokers or online platforms to find them—and those investors can now be, well, anyone.

This is a pretty big deal. It marks a shift in the kinds of capital that startups and small businesses can raise. Startups today often turn to venture capitalists, angel investors, bankers, and other accredited investors, but access can require the right connections, which are often hard to come by outside major financial hubs like New York, San Francisco, and Boston.

'Even if you're truly invested in investing in a startup, the odds are against you.'

Now, entrepreneurs can turn to the crowd. And if you’ve part of the crowd that’s always wanted to invest in a startup, you may soon be able to in ways that you couldn’t before. But there are some things you need to know. Since the passage of the JOBS Act, experts have worried about putting safeguards in place to protect unsophisticated investors, as well as protections for startups to minimize fraud. The SEC is hoping that its new rules will address those concerns. Here’s what you need to know. Read more: click image or title.




Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com



Marc Kneepkens's insight:

A new way for small companies to raise #capital. Not only for #startups but also for any small or medium size company. #Crowdfunding is legal now, but with certain restrictions. Good information in this article, bot for #investors and #entrepreneurs.

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How to prepare a startup pitch deck for Demo Day? (500 Startups Style)

How to prepare a startup pitch deck for Demo Day? (500 Startups Style) | Pitch it! | Scoop.it

My approach to presentations has always related significantly to storytelling: telling a good and exciting story that creates an impact in your audience, both in their minds as in their hearts. This is now combined with the input from the 500 Startups team as we went through the program. To check this slide presentation, click on the image, then start by clicking on the arrows.




Get your Free Business Plan Template here: http://bit.l/1aKy7km



Marc Kneepkens's insight:

Nice way to make #SlideDecks. Very visual, clear and simple.

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Y Combinator's Sam Altman says founders are getting spoiled by easy money - Business Insider

Y Combinator's Sam Altman says founders are getting spoiled by easy money - Business Insider | Pitch it! | Scoop.it

If you're just starting your startup, you don't need a ton of money to do it.

That's the advice Y Combinator president Sam Altman gave today in a mini-tweetstorm.

Today, founders don't get excited if they can "only" raise a million-dollar seed round of funding, but Altman says that you should be proud to make your company work on as little capital as possible.

After all, he says, Google's seed round would have been a rather unimpressive sum today.

As an additional reminder for startups, bootstrapping is cool, as is generating your own revenue! It leaves you in control, and your investors will never be able to fire you. Read more: click image or title.



Get your Free Business Plan Template here: http://bit.l/1aKy7km



Via Enzo Calamo
Marc Kneepkens's insight:

Good advice. It's like the rich kid who blows money all the time. The poor kid does a lot more with the little he/she gets, while learning more in the process and achieving more in the end.

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AngelList gets $400M from China's CSC Venture Capital for early-stage startup investments | VentureBeat | Deals | by Michael de Waal-Montgomery

AngelList gets $400M from China's CSC Venture Capital for early-stage startup investments | VentureBeat | Deals | by Michael de Waal-Montgomery | Pitch it! | Scoop.it
Funding platform AngelList is set to announce a deal with China-based private equity firm CSC Venture Capital on Monday that will see it birth a new $400 million fund for early-stage startup investments, according to The Wall Street Journal.

The deal is expected to be the “largest single pool of funds devoted to early-stage startups — ever,” the WSJ reported. Beyond that, it could also be the “largest-ever single investment by a Chinese private-equity firm in a U.S. fund.”

CSC has more than $12 billion under management, and just raised $2 billion through a listing on China’s stock market in March. Prior to this deal, AngelList had raised a total of $205 million — or about half the amount represented by the new funds.

The platform brings together angel investors who band together to back early-stage startups in syndicates, typically not much larger than $300,000 per round. According to the report, AngelList will inject about $20 million from the new fund in the first year, moving up to $50 million per year thereafter.

Here’s what it really boils down to: Read more: click image or title.



Get your Free Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

Massive injection of #seedfunding capital from a Chinese fund. The early #startup scene gets yet another fund to work with.

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Rescooped by Marc Kneepkens from Growth Insights from Growth Engine Labs
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Part I: Doing Due Diligence to Find the Right Investor

Part I: Doing Due Diligence to Find the Right Investor | Pitch it! | Scoop.it

Make sure you do your homework.

There has been much written and discussed about the due diligence process investors conduct on the companies for which they are considering an investment. Someone once described this process as 'opening the kimono'. The investor check list covers everything about the company and the kitchen sink including corporate compliance records, finances and taxes, employment and labor issues, business contracts, intellectual property rights, and litigation concerns.

Before you enter into this process with an investor, as a start-up CEO, you should do your own due diligence to make sure you are talking to the right investor. The key message: Beware. Not every investor is ideal for your business.

Here is a handy check list to can guide you through your search for a potential investor. Above all, do your homework. Know what you want from an investor and the types of investors in the marketplace. And absolutely examine their past and current investments, much of which can be found with simple searches via Google, LinkedIn, company websites and available government filings, and take the time to speak with companies they've invested in. Read more: click image or title.



Get your Free Business Plan Template here: http://bit.l/1aKy7km



Via Growth Engine Labs
Marc Kneepkens's insight:

Pick your investor wisely. Like the article says: would you marry this investor? It'll be a long relationship with many ups and downs...

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Top angels warn of big mistakes founders, funders must avoid to succeed - Silicon Valley Business Journal (blog)

Silicon Valley Business Journal (blog) Top angels warn of big mistakes founders, funders must avoid to succeed Silicon Valley Business Journal (blog)


"I started telling the entrepreneur what my idea was for his business," he recalled of the deal that ended badly. "I invested in what I thought was my idea because he just said it back to me. That's a smart way to fundraise. But he was obviously not interested in my idea."


..."Making a bold statement in your slides that is a misrepresentation, that's death," Guerra said. "Another that may not be death, but will turn everybody's hearing aid off starts with, 'If we only get 1 percent of this $10 billion market." If you start out with one of those "If we only get" pitches, you're gone. You need to tell us what you are going to do to get 1 percent of that market."Rivera, who is very interested in education startups, warned, "Don't tell me education is a multi-trilllion dollar market. Don't add up the numbers on a global basis and give me something that is completely meaningless in terms of market size or their ability to capture a part of the market. If you put something like that in your deck you probably aren't going to even get a meeting."... Read more: click on title.




Discover how to raise capital on your terms, by legally soliciting and selling securities to angel investors in the United States.

Check out…    http://bit.ly/1Lr9RrI


Via High Above the Clouds
Marc Kneepkens's insight:

These thoughts on funding by #Angelinvestors and the mistakes they made are priceless for #founders.

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Avoid the Seed-Funding Surge Trap With These 8 Tips

Avoid the Seed-Funding Surge Trap With These 8 Tips | Pitch it! | Scoop.it
A seasoned investor provides tips for startups to dodge the challenges created by the increasing availability of seed funding.

"Finding startup funding is easy."

Of course, anyone who has ever been involved with a startup knows that this is not something you would typically hear from founders. Finding credible investors with the resources to invest -- and convincing them to commit -- continues to be a time- and resource-consuming challenge for all startups.

Related: 4 Options for Raising Capital From Friends, Investors or Even the Feds

Times are changing, however, and so is the funding environment for startups.

While most startups will be self-funded by its founders or the founder's immediate family and friends, some seek and accept third party "seed funding," an investment at the very early stages of a company.

Seed investing is risky, and most seed investors understand that seven of 10 startup investments will ultimately fail. They also understand, however, that it only takes one massive startup success to make you rich.

Therefore, seed investors understand that they need to have "skin in the game" to find successes and, maybe more important, to avoid the pitfall of "FOMO," or "fear of missing out" on the next big startup success. Read more, click image or title.




Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com


Marc Kneepkens's insight:

The funding process is challenging, to say the least. There are ways to control the process and stay on top, not at the mercy of investors. Take a look at this: http://bit.ly/1Lr9RrI

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