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How and where to find a co-founder for your startup

The Next Web

George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures , a startup consulting and financial advisory firm based in Chicago. This will all become an important factor later when you consider how to split up tasks and equity. Or, the entrepreneur has deep technology skills, but is lacking in business skills.

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The Legal Side of Entrepreneurship

YoungUpstarts

They also need to decide whether to structure terms as an equity deal or a convertible security deal. These costs make it preferable to use a convertible security for a raise of this size and to structure as equity financing if you are raising closer to $2 million. ” The Cost of Financing. Even $15-20,000 is too expensive.

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Twitter Link Roundup #222 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

The image above is an interesting project from Strava, showing a heatmat of bike paths in the Chicago area. Here’s a link to the Chicago map, but you can easily navigate to another geographic area. Surprising Trends in Startup Founder Equity Stakes | by Tomasz Tunguz – crowdspring.co/1njnhbl. 1rW91oS. .

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[US] Small Business Advocacy Council Launches Crowdfunding Platform

YoungUpstarts

Crowdfunding is a new way of funding startups and small businesses, and Chicago, Illinois-based Small Business Advocacy Council (SBAC) is getting into the act by starting its own crowdfunding platform SBAC Connects. Funding sources include crowdfunding, or from traditional sources such as banks, debt and equity. ”

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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

But this mania to not miss out on the next big thing is driving some investors to pay growth-equity prices for traditional market risk (as in, they’re paying up before it is clear there is product / market fit). And well they should be. And so on down then line. You know what I’m talking about. You feel it, too.

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Twitter Link Roundup #115 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Stop whining and start hiring remote workers – [link]. CEC’s Startup Forecast – “Never been a better time to start a company in Chicago” – [link]. Experienced entrepreneurs preserve equity – [link]. Stop whining and start hiring remote workers – [link].

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Rewards of a Diverse Nonprofit Board: Making a Commitment to LGBTQ and DEI

Board Effect

More than half of LGBTQ Americans surveyed in 2020 said they hid a personal relationship to avoid discrimination, according to a report by the Center for American Progress and NORC at the University of Chicago. It’s one thing to put out a statement about committing to diversity, equity, and inclusion.

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