YoungUpstarts

JUNE 12, 2018

They work with attorneys to form corporate structures and help with financing agreements. California and Massachusetts have state minimum taxes, whereas states such as Alabama and Tennessee impose franchise tax based on capital/equity. Millias is the managing partner and co-founder of OUM & Co.

San Francisco 100

San Francisco CPA Alabama Tennessee 100

ReadWriteStart

SEPTEMBER 10, 2010

Whether it is credit or equity, funding is very, very tight. I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). In 1M/1M, our preferred financing strategy is customers.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

OCTOBER 7, 2010

Bottom line, early stage equity is very, very expensive. As a thumb rule, try to get enough validation so that you can get to at least a $2 million pre-money valuation before raising equity capital. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I HirePlug.com.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

DECEMBER 9, 2010

Jacqueline asked an important question: how do you mitigate your working capital challenges in an e-commerce company at the very early stages without raising financing? First, there are two primary aspects that have to be managed: inventory financing and customer acquisition costs. Well, there are multiple nuances to the answer.

Silicon Valley 117

Silicon Valley Malaysia India China 117

ReadWriteStart

JANUARY 27, 2011

And, oh by the way, we also really like the idea of the 1M/1M entrepreneurs building valuation and negotiating leverage through these business development efforts, instead of signing off large chunks of their company in form of equity early on. The game has started getting some traction already, and has a good virality index. Discuss.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

ReadWriteStart

DECEMBER 16, 2010

Then Jimmy Hendricks presented DealCurrent.com , a white label platform for media companies to manage daily deal advertising on behalf of brands. The company is profitable and has so far raised only $400,000 in friends and family and angel financing. Jimmy already has about 65 customers and about a million dollars in annual revenue.

Senegal 117

Senegal Nevada Bootstrapping Silicon Valley 117

VC Cafe

JUNE 4, 2012

Founded in 1999, AeroScout’s products are used in hospitals to track patients and blood products, such as organs; to manage and monitor equipment in universities; and to keep tabs on products throughout the manufacturing process. EMC is headquartered in Hopkinton, Massachusetts with offices worldwide. Burrill already manages $1.5

San Francisco 90

San Francisco New Jersey Private Equity 90