Sat.Sep 22, 2012 - Fri.Sep 28, 2012

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Gust Startup Trend Map

Gust

Gust Startup Map & Trends Analysis – August 2012. Attention startup enthusiasts! Gust is thrilled to have nearly 7,000 new entrepreneurs creating startup profiles each month. To help us visualize the scale and global reach of these entrepreneurs we have put together a monthly startup map, which captures all new startup profiles on Gust. The map showcases new entrepreneur sign ups that chose to publish their startup profiles between August 1 st and August 31 st.

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How do you cross the chasm between commitment to invest in your start-up, to closing a funding round?

Gust

By far the hardest step in all this is getting a term sheet. Once you have a term sheet in hand, and assuming good faith, everything else will follow. The best way to get a term sheet is to concentrate your efforts on an investor who has the ability, history and interest in leading rounds. So one of the very early questions you should be asking a potential investor is “do you typically lead an investment round, or co-invest with other investors on their term sheets?

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Entrepreneurship Is All About Taking Smart Risks

Gust

Most entrepreneurs think that risk is just an “occupational hazard” that can be minimized or eliminated by a smart businessman. That way of thinking is simplistic and wrong. In reality, some risks are good and should be embraced for growth and a competitive edge, while others are bad and should be avoided completely. Traditional risk management focuses only on bad risks, and seeks to contain losses.

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