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Startup Fundraising: The Pitch Deck and Financial Modeling - Techstars

Startup Fundraising: The Pitch Deck and Financial Modeling - Techstars | Pitch it! | Scoop.it

As you prepare for your fundraising effort, you need to get the basic tools of the trade completed before you start the process. In part one of this post, we covered traction and the executive summary. In this post, we will dive into pitch decks that will raise capital and financial models. The goal is … Read more: click image or title.

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Growthink teaches how to FUND, build, grow, and sell a great business: http://bit.ly/2hn5ROb

Marc Kneepkens's insight:

The second part of this article by Techstarts on #Fundraising

 

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Marc Kneepkens's curator insight, July 29, 2017 9:39 PM

The second part of this article by Techstarts on #Fundraising

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How to pitch to VCs and angel investors as a tech startup. 11 tips from founders

How to pitch to VCs and angel investors as a tech startup. 11 tips from founders | Pitch it! | Scoop.it

Learn how to make even the best investors interested in your business. Emerline interviewed 4 different startup owners and asked to share their secrets!

"Pitching to investors is just like dating but you only get access to their LinkedIn profile whereas they get to see you naked and your bank balance. All the mind games still apply. You need to play hard to get to make yourself more desirable and you can't seem desperate. You will meet lots of people and it is easy to get distracted with investment offers that aren't right but you have to stay strong and wait for 'the one'."

Elyse Daniels, CEO of ExodusWear Read more: click image or title.

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Growthink teaches how to FUND, build, grow, and sell a great business: http://bit.ly/2hn5ROb

“Hey Dave!
I bought one of your business planning templates and have been receiving your emails and videos for a few months now…
I just wanted to say thanks for cranking out such amazing work!
You're doing an incredible job, and I know entrepreneurs everywhere are benefiting from it!
Please, keep it up!
Wishing you all the best!”
Colin Pape
President
ShopCity.com, Inc

Marc Kneepkens's insight:

#Pitching #investors is a learning experience. This article illustrators how several #startup #founders went about it. Great stories and good advice.

 

FREE Business Plan Template here: http://bit.l/1aKy7km

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Marc Kneepkens's curator insight, May 15, 2017 10:28 AM

#Pitching #investors is a learning experience. This article illustrators how several #startup #founders went about it. Great stories and good advice.

 

FREE Business Plan Template here: http://bit.l/1aKy7km

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Let’s face it, it’s time to upgrade the Pitch Deck to a Pitch Video

Let’s face it, it’s time to upgrade the Pitch Deck to a Pitch Video | Pitch it! | Scoop.it

When founders get connected to investors, they are often asked to send the deck ahead of the meeting. We’ve written here why sending the decks, especially before the first meeting, is generally not a good idea.

Startup founders cannot be defined by their decks.

The main issue with a pitch deck is that it is subject to misinterpretation. Investors get a lot of decks and they tend to skim and glance over them.

The founders aren’t able to tell their story, because they aren’t present.

The second issue with decks is that it is hard to capture the passion and the personality of the founders. Sure, a deck can have a creative design, but that’s not the same as hearing the founder talk about the business.

The third issue is that decks are flat.

Decks are just text.

In a world where everything is video/3D, the investor pitch decks are still bits of flat text.

What if, instead of sending a deck, the founders sent a 3-4 minute video walking the investor through the deck?

Having the founder narrate the deck seems like a simple idea that should solve for all the issues above. That’s why we are encouraging the founders in our Techstars NYC Summer 2016 class to do just that.

Let’s take a look at how it turned out. Compare going through this pitch deck from LeBlum: Read more: click image or title.

 

FREE Business Plan Template here: http://bit.l/1aKy7km

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Crafting Your Story to Pitch Your Great Idea

Crafting Your Story to Pitch Your Great Idea | Pitch it! | Scoop.it
Once you've finally come up with that brilliant idea, here's a way to get people excited about it.

If coming up with a brilliant idea is hard, getting people to agree with you can prove just as difficult. 

"We operate under this assumption that the world will magically see how great our idea is, but great ideas get rejected all the time," said David Burkus, author of The Myths of Creativity: The Truth About How Innovative Companies and People Generate Great Ideas. 

Burkus, who also teaches creativity and innovation courses at Oral Roberts University, spoke to Money Talking host Charlie Herman about how to recognize and pitch great ideas.

He suggested a five criteria checklist for structuring a pitch or judging which idea to invest time in. Read more: click image or title.

 

FREE Business Plan Template here: http://bit.l/1aKy7km


Via Dr. Karen Dietz, Marc Kneepkens
Marc Kneepkens's insight:

StoryTelling insights to 'wow' your public.

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Dr. Karen Dietz's curator insight, September 9, 2016 11:16 AM

Here's a fab post about how to formulate your story when you are getting to pitch your idea. But don't get stuck on the word 'pitch'. Think any presentation where you want to influence people:

  1. Selling your project across the organization
  2. Project reports when a decision or action is a desired outcome
  3. Sales presentations to alliances or prospects
  4. Anytime you need to raise funds or gain resources

 

What I really like about this article is that it's not a formula per se, but a way to think about your presentation and get your thoughts organized. That's the hard part, really.

 

Once you get these 5 points down, it will be easy to put together your presentation. Story on!

 

This review was written by Karen Dietz for her curated content on business storytelling at www.scoop.it/t/just-story-it. Follow her on Twitter @kdietz

Marc Kneepkens's curator insight, September 9, 2016 3:19 PM

Storytellers share how to #pitch your #idea to get people excited.

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11 reasons we didn’t invest in your company

11 reasons we didn’t invest in your company | Pitch it! | Scoop.it
Like most VCs, we see dozens of deals each week. We've developed a funnel that enables us to quickly eliminate those that don't fit our general investment..

The deals that survive this initial culling process are subjected to much greater scrutiny and due diligence. This process includes a thorough review of the deck, financial statements and projections; discussions with the founders, customers and other investors; and a review of third-party information relevant to the company, its product and industry. Companies are eliminated from further consideration during various stages of this process and, in the end, we ultimately invest in a small percentage of the deals we review. Read more: click image or title.

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

Lots to learn form a list of reasons for NOT getting funded.

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Predatory Investors and How to Avoid Them

Predatory Investors and How to Avoid Them | Pitch it! | Scoop.it

Starting a business that would one day go on to achieve a gross transaction value of £450m and net revenue of £25m around the time of the dot.com boom, entrepreneur Dale Murray has a story with as many twists and turns as a Stephen King thriller. Read more: click image or title.

 

 

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Marc Kneepkens's insight:

A couple great stories from a #startup #entrepreneur successfully navigating the pitfalls.

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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.





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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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Using Technology To Humanize Finance

Using Technology To Humanize Finance | Pitch it! | Scoop.it

“Banking is necessary – banks are not.” Bill Gates said this in 1994. It was a bold statement to make at the time, and one that some have associated with the start of a transformation in financial technology.

Now, two decades later, we are seeing this revolution unfold before our eyes. Catalyzed in large part by the financial crisis of 2008 and 2009, a new financial order is emerging. It is one where large, traditional banks are increasingly facing heavy competition from new entrants – namely, online marketplace lenders – that are delivering a more human lending experience through the technology, transparency and trust that consumers want from their financial services providers.

In a March report titled “Future of Finance,” Goldman Sachs analysts Ryan Nash and Eric Beardsley noted that regulatory changes and new technologies are among the top factors reshaping the traditional banking sector and enabling the rapid growth of marketplace lending. Read more: clickk on image or title.





Need funding?

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Marc Kneepkens's insight:

Food for thought. Change is happening everywhere and technology is certainly enabling the process.

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Aging In The Startup World

Aging In The Startup World | Pitch it! | Scoop.it
There’s a funny thing about age in business. It swings quickly between being your greatest asset and seemingly overnight, a major liability.

pment, There’s a funny thing about age in business. It swings quickly between being your greatest asset and seemingly overnight, a major liability. It’s a factor on all sides of the table. Despite the lesson that we learned in Kindergarten about “not judging a book by its cover,” we all do it. Age impacts fundraising, business develosales, hiring and more.

To read the full article, click on the title or image.



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Marc Kneepkens's insight:

Age is not important, however, as this article illustrates, you have to be aware of who you are presenting to.

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How to Know When to Change Direction

How to Know When to Change Direction | Pitch it! | Scoop.it
There's something to be said for stick-with-it-ness, but most entrepreneurs stick with flawed ideas and plans way longer than they should.

This is Silicon Valley. Startups, founders and VCs are everywhere. You can’t walk down the street in Mountain View or Palo Alto without bumping into one or two successful entrepreneurs. And yet, they usually have one thing in common: this isn’t their first rodeo. In other words, their initial venture wasn’t the one that stuck.

Knowing when it’s time to quit and try something different is always tricky. The problem is, when you’re in the middle of it, there always seems to be one more thing to try. One more customer to call. One more investor to pitch. One more credit card to max out.

To read the full article, click on the title or image.



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Via Thomas Faltin
Marc Kneepkens's insight:

Focus needs to stay with whatever you're doing. Keeping an eye on that is important. Sometimes mentors or or anyone who is looking at what you do from a slight distance have a better view. Keep on touching base with everyone, yourself included.

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Don't Make These 10 Startup Mistakes

Don't Make These 10 Startup Mistakes | Pitch it! | Scoop.it
Due to entrepreneurs' lack of experience, many startups end up in failure. Here's how to avoid disaster.

Starting a business is difficult. Launching a startup is even more challenging. Aside from facing the challenge of attempting to build a company from the ground up, many entrepreneurs have little prior experience in the business world. Even when they have an incredibly awesome idea, complex problems arise, such as managing the young enterprise, handling finances and hiring employees on a budget.

Due to a lack of experience, many startups endure the misfortune of failure -- if they launch at all. Be sure to not add to their tales of disaster. Here are 10 startup mistakes to avoid at all cost:

To read the full article, click on the image or title.



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Via Luis Costa
Marc Kneepkens's insight:

Common sense, but definitely worth reading.

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VENTURED AND GAINED

VENTURED AND GAINED | Pitch it! | Scoop.it

For the entrepreneur with a great idea, more options for obtaining seed money are available than ever before, venture capital experts in the San Diego area say.

A recent PricewaterhouseCoopers Money Tree report found that nationally there were venture capital investments of $9.5 billion in the first quarter of 2014, the highest level since the tech bubble burst more than a decade ago. In San Diego, 23 deals totaling $243 million were reported for the period, with biotechnology leading the way.

“A lot of the entrepreneurs feel there’s been a lot of contraction over the last several years over the number of funds and partners available,” said Don Williams, national life sciences leader at Grant Thornton in San Diego. “While that’s true, I don’t think that’s diminished the opportunity to obtain funding. If the entrepreneur has a good idea, the right idea, and provides the solution to a problem, he’ll be able to successfully find funding.”

To read the full article, click on the title or image.



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


Marc Kneepkens's insight:

On crowdfunding: “It’s not a replacement for venture capital. It’s an augmentation. It’s a great way to raise small amounts of capital to build exciting products and test ideas.”


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The 10 Things NOT To Do When Pitching a Venture Capitalist

The 10 Things NOT To Do When Pitching a Venture Capitalist | Pitch it! | Scoop.it
  • This article is instead about what I’ve learned pitching venture capitalists for Ellevest

  • While one might be tempted to try to avoid the VC path – and there are an increasing number of ways for entrepreneurs to raise money, such as angel groups and crowdfunding – for now, if you’re raising above a certain amount, you’re going to have to go the venture capital route. And I’m hoping that maybe – just maybe – VCs will work to up their game with women entrepreneurs, and so there will be greater funding opportunities. Some already are.

    So here are some of my lessons learned about asking-for-money don’ts:  Read more: click image or title.

 

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Marc Kneepkens's insight:

An article written by and for women it offers great advice on how to #pitch your message to #VC companies.

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How To Create A Great Investor Pitch Deck For Startups Seeking Financing

How To Create A Great Investor Pitch Deck For Startups Seeking Financing | Pitch it! | Scoop.it
Pitching to investors can be tough, so it’s important to nail your presentation. Learn do’s and don’ts for an investor pitch deck as well as the most important elements it must include.
Startups frequently prepare a “pitch deck” to present their company to prospective angel or venture capital investors. The pitch deck typically consists of 15-20 slides in a PowerPoint presentation and is intended to showcase the company’s products, technology, and team to the investors.

Raising capital from investors is difficult and time consuming. Therefore, it’s crucial that a startup absolutely nails its investor pitch deck and articulates a compelling and interesting story.

In this article, I provide important advice for creating a strong, thorough, and engaging investor pitch deck, along with guidance on presenting to angel and venture capital investors. I also provide links to sample pitch decks you can check out for reference as you begin the process of building your own. Read more: click image or title.

 

 

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Marc Kneepkens's insight:

The ABC's of creating a #PitchDeck for #Startups.

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5 Steps to Raise Startup and Expansion Capital

5 Steps to Raise Startup and Expansion Capital | Pitch it! | Scoop.it
These universal steps make capital goals reachable for an entrepreneur in any industry.

What is the one thing that stops many potential entrepreneurs from chasing their dreams?

Money. 

Not everyone can secure a business loan -- or wants to put his or her personal assets on the line -- and the majority of startups never receive a dime from VCs. Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

or "Done for You Business Plan": http://bit.ly/12KAGmM

Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!


Via Oliver Durrer
Marc Kneepkens's insight:

Some really good ideas.

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Startup Pitch Decks that raised over $400M

Startup Pitch Decks that raised over $400M | Pitch it! | Scoop.it
A collection of real pitch decks from real startups. In total, these decks have raised over $400 million. Use these pitch deck examples for inspiration.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

Great examples from #pitch #decks that produced real #funding

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5 Fundraising Tips From 'The Billionaire Whisperer'

5 Fundraising Tips From 'The Billionaire Whisperer' | Pitch it! | Scoop.it

Jennifer McRea has changed how people think about fundraising for causes that matter.

If you want to change the world for the better, it’s going to take a lot of money. However, according to philanthropist Jennifer McCrea, money should never be at the center of what you do.

McCrea, who has been called “the billionaire whisperer,” has partnered with philanthropists and nonprofit leaders for more than 27 years to raise resources to tackle the world’s most pressing problems. She is also a senior research fellow at Harvard’s Hauser Institute for Civil Society, where she teaches a course on Exponential Fundraising.

During my recent talk with McCrea, one thing was strikingly clear -- she is passionate about creating a better world. In her work, she has shifted the way we look at fundraising and philanthropy and the lessons she gives are relevant to us all. Read more: click image or title.

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

 


Via Alldens Lane
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Another #insider talks about #funding

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What To Do When Your Fundraising Is Not Going Well - Techstars

What To Do When Your Fundraising Is Not Going Well - Techstars | Pitch it! | Scoop.it

One of the worst things that can happen to a CEO of an early-stage company is to be in the state of perpetual fundraising.

Here is how you can tell that it may be happening to you:

  1. You have been fundraising for a while
  2. You are fundraising and running the business at the same time
  3. You don’t have strong interest from investors
  4. Investors aren’t engaged / don’t ask a ton of questions
  5. Investors keep telling you it’s early / to keep them posted

The list can go on, but you get the point.

You are wasting your time because you aren’t prepared and the timing is likely off.

Please go and read my popular post about 9 seed funding gotchasand I will be right here when you come back.

So what can you do?

Here are some things for you to consider to help the situation.

Read more: click image or title.

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

A description of the #funding process with great advice.

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How To Craft A Concise Pitch Investors Will Care About

How To Craft A Concise Pitch Investors Will Care About | Pitch it! | Scoop.it
Over the course of many years working in venture capital and the video game business, I’ve listened to hundreds of pitches for new companies and products. After almost every one of those pitches, once the entrepreneur has left the room, a post-game review ensues. There are consistent patterns in those discussions; aspiring entrepreneurs, pay attention.

The first and most important element of your presentation is not a slide: it’s you. Most investors base their decisions on the passion, charisma and clarity of the founder and the rest of the senior team. If you don’t demonstrate true fervor for your idea and opportunity, don’t expect anyone else to, either. Beyond that here’s what you should consider when crafting your pitch. 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:

This is it: the perfect description of what a good #InvestorPitch should be like. DO READ THIS if you are in the market. Read it anyways, there is a lot to learn here. Everyone has to sell something, and the ideas explained here will apply. Highly recommended.

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Jonathon Shore's curator insight, December 8, 2015 3:29 PM

via Marc Kneepkens's insight:

This is it: the perfect description of what a good #InvestorPitch should be like. DO READ THIS if you are in the market. Read it anyways, there is a lot to learn here. Everyone has to sell something, and the ideas explained here will apply. Highly recommended.

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The 7-Minute Rule That Will Save Your Business Presentation

The 7-Minute Rule That Will Save Your Business Presentation | Pitch it! | Scoop.it
Anything you have to say in a business setting should fit into a seven-minute window. Here's a guide to get you through your next conference talk, board meeting, investor chat, or daily team meeting.

Anything you have to say in a business setting should fit into a seven minute window. That's my theory about business presentations, and I've devised a plan to help you get through a talk at a conference, your next board meeting, an investor chat, or even your daily team meetings. If you talk less than seven minutes, people won't quite grasp what you have to say. If you talk more than seven minutes, you'll drone on a bit too much and lose people. It’s the ideal length for holding the attention of a crowd.

Now, before I explain what to so for the seven minutes, let's address the elephant in the room. His name is TED. The rule for every TED talk is to explain yourself in 18 minutes. Chris Anderson, the founder of the conference, has explained that 18 minutes is about the right length for the talks, and I tend to agree. That is, if you are Bill Gates or Elon Musk. However, for 99% of the people in business who need to hold the attention of the crowd, I'd cut that down to seven minutes.

I'm basing this rule on a few interesting findings of my own. First, when I created the seven-minute morning routine, I was relaying what I've done in my personal life for two decades. It works. And, as 200,000 people have read about so far and thousands have tried for themselves, it’s about the right length. My theory is that readers were drawn to the seven minutes. It isn't such a long period that your work will suffer or you can’t commit to doing it consistently, yet it's long enough to become truly contemplative. The same length of time works for presentations, especially if you are an entrepreneur. In hyper-connected world of texts and tweets, seven minutes is about the right time to make a point.

I've also given hundreds of talks, and seven minutes is about right. I've participated in dozens and dozens of startup sessions listening to entrepreneurs explain a new idea. In the first few minutes, you are still getting your head around the idea. After seven minutes you start tuning out. Your audience wants you to explain just the right amount to engage them.

So, seven minutes for a presentation. Here's how to do it. Read more: click on image or title.




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

Thank you very much for all of your hard work. We are very pleased with the final result of the business plan and the PowerPoint - say congratulations on a job well done and that you can use us a reference for any future clients. We will definitely look to utilize Growthink's services in the future as we build our company." 
Bryan Langslet, CEO
Perceptions Entertainment

Marc Kneepkens's insight:

Seven minutes to make your pitch. Here is a detailed plan, minute by minute, on how to structure your #InvestorPitch.

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The Optimal Seed Round Construction to Maximize Series A Success

The Optimal Seed Round Construction to Maximize Series A Success | Pitch it! | Scoop.it
Tom Tunguz is a venture capitalist at Redpoint and writes about startups, fund raising, SaaS companies, and best practices for founders.

Is it better to raise your startup's seed round from only angel investors, or is it better to include a VC or two? Several founders on the precipice of launching their seed fundraising processes have asked me this question.

It's a very difficult one to answer hypothetically because there are many different variables to balance. For example, VCs may invest larger sums than angel investors. The imprimatur of a VC's investment in a company might help convince potential customers and recruits. But some might argue their money brings potential signaling risk.

To read the full article, click on the title or image.



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


Marc Kneepkens's insight:

The rigorous selection process at VC's is definitely a factor. I a startup gets selected for funding by them, obviously, they will have a lot of potential.

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Former SBA Chief on 3 Keys to a Better U.S. Entrepreneur Economy

Former SBA Chief on 3 Keys to a Better U.S. Entrepreneur Economy | Pitch it! | Scoop.it

The case for expanding investment in entrepreneurs and small businesses is clear: small businesses create two out of every three new private sector jobs and half the people who work in America own or work for a small business. Entrepreneurs are at the heart of America’s identity and the key to our economic strength. They have been instrumental in building the greatest economy in the world as well as the world’s strongest middle class. Coming up with a new, innovative idea and turning it into a business is the American way.

To read the full article, click on the title or image.



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

Marc Kneepkens's insight:

The SBA is trying hard to get money to you for your startup. Interesting article. Consider getting funded by the SBA. If you need help with the paperwork, let me know.

Use the contact form on www.Business-Funding-Insider.com

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A Foolproof Guide to Raising Capital for Startups

A Foolproof Guide to Raising Capital for Startups | Pitch it! | Scoop.it
Pass these nine tests and investors will beat a path to your door. Along the way you'll figure out if your firm has a great CEO.

This past week I started teaching a course about strategy and the CEO to 40 MBA students at Babson College in Wellesley, Mass. One of our topics was the CEO's role in creating shareholder value.

We tackled the question for startups as well as public companies. We discussed the nine tests that entrepreneurs must pass in order to get a big check from a venture capitalist. (I came up with these criteria after interviewing startup investors for my book Hungry Start-Up Strategy.)

These tests are used by investors to decide two broad questions: Is the venture targeting a market that's now small but expected to get big fast? Is the entrepreneur a great CEO?

To read the full article, click on the image or title.



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


Marc Kneepkens's insight:

Test #1: Does your startup deliver so much benefit to customers that many of them would be willing to pay you more than it costs to produce and deliver the product?

and more great stuff in this article.


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Rescooped by Marc Kneepkens from Startup , Entrepreneurship, Innovation, Acquisitions
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5 Mistakes to Avoid When Approaching an Investor

5 Mistakes to Avoid When Approaching an Investor | Pitch it! | Scoop.it

We are pitched thousands of business plans annually. Here are the top five mistakes to avoid.

“All these investors claim that there are not enough opportunities out there to invest in, yet when I send them my business plan, I don’t even get a response.”

Considering that venture capital investors get tens of thousands of business plans, investor decks and other pitches annually, it is hardly surprising that not all of them get an investment. Based on reactions to one of my previous posts on investor feedback, it seems that a lot of entrepreneurs don’t even receive a response to their presentation.

At the end of the day, this is the investor’s fault. But there are certain mistakes that I have seen entrepreneurs approaching Credo commit over and over again, which significantly diminish the chance of any investor reacting to the pitch. Thankfully, they are pretty easy to fix.

Here are the top five which anyone can and should avoid:

To read the full article, click on the image or title.



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




Via Ivan Berlocher
Marc Kneepkens's insight:

Good points. Also read 16 reasons why your investment proposal won’t get read! : http://www.business-funding-insider.com/investment-proposal.html

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Michael Binzer's curator insight, May 18, 2014 1:05 PM

Good info if you are thinking of starting up as an entrepreneur. Also the business plan template