article thumbnail

10 Tips On Due Diligence On Any Startup Funding Offer

Startup Professionals Musings

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. Unsolicited foreign investors that contact you on the Internet need extra scrutiny. Chain emails leading to a windfall. Off-shore unsolicited investor offers.

article thumbnail

10 Scams To Avoid While Seeking New Venture Funding

Startup Professionals Musings

Image via Flickr by ivanpw Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. Unsolicited foreign investors that contact you on the Internet need extra scrutiny. Chain emails leading to a windfall.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Guidelines On How And When To Use Non-Disclosures

Startup Professionals Musings

As an advisor to entrepreneurs, I often have to deal with people who are convinced that they must get me to sign a non-disclosure agreement (NDA) before they begin talks about their new venture. Don’t even respond to unsolicited requests for details.

article thumbnail

10 Ways Aspiring Entrepreneurs Are Often Victimized

Startup Professionals Musings

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. Unsolicited foreign investors that contact you on the Internet need extra scrutiny. Chain emails leading to a windfall. Off-shore unsolicited investor offers.

article thumbnail

Shortcuts To Entrepreneur Funding Are Usually Scams

Startup Professionals Musings

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. Unsolicited foreign investors that contact you on the Internet need extra scrutiny. Chain emails leading to a windfall. Off-shore unsolicited investor offers.

article thumbnail

Someone Stole My Startup Idea – Part 2: They Raised Money With My.

Steve Blank

Welcome to the Internet bubble.) We consciously didn’t ask potential customers to sign a Non-Disclosure Agreement (NDA). One alternative I have used is to have a PDF of a sanitized version of the slides ready to go as a leave behind or email afterwards so you can keep the really good stuff out. Now In Print!

article thumbnail

9 Unexpected Ways a Lawyer Can Help Your Startup

Up and Running

Personally identifiable information is broadly defined, so your website needs a privacy policy even if visitors simply submit their email addresses to receive company news and updates. - Doug Bend , Bend Law Group, PC. Oftentimes, early-stage companies think they can grab funding documents off the Internet without a lawyer.