Gust

DECEMBER 1, 2011

Several sources (including Startup by Elizabeth Edwards ) estimate that $2-3 billion per year is awarded to very early stage companies by federal government grants (mostly SBIRs). Furthermore, total federal grants to very early stage companies have been increasing over the past few years.

SBIR 120

SBIR Startup New York City Angel Investor 120

Gust

OCTOBER 12, 2011

During the summer of 2010, I developed a workshop, A New ACEF Valuation Workshop for Angels and Entrepreneurs. See the 2010 data reported here: Current Pre-money Valuations of Pre-revenue Companies. See the 2010 data reported here: Current Pre-money Valuations of Pre-revenue Companies. million to $2.1 million to $2.7

Angel Groups 125

Angel Groups Valuation Pre-Money Valuation St. Louis 125

Gust

SEPTEMBER 5, 2012

How to finance a new seed-stage startup? As of August 2010, Paul Graham famously proclaimed , “Convertible notes have won. Convertible debt is a venerable instrument, originally created to “bridge” a later-stage startup from one VC round to the next quickly and easily. Convertible debt? Convertible equity?

Finance 134

Finance Convertible Security Equity Seed Stage 134

Gust

OCTOBER 20, 2011

This worksheet provides the investor with a basis for deciding if a start-up company should be valued near the top or bottom of the range of values that might reasonably be applied to such an early stage venture. The worksheet is a listing of issues and factors that should be considered in judging the value of a company.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146