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Three Startup Financing Myths You Should Avoid

YoungUpstarts

If you are building a startup, you’ll find no shortage of people who are willing to give you advice, particularly when it comes to raising financing. Myth #2: Talk to As Many Investors As You Can. For some entrepreneurs, raising financing can seem like a full time job, particularly in these trying times. Well not, wrong exactly.

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[Interview] Patrick Mackaronis, Director Of Business Development At Brabble

YoungUpstarts

You need a strong CFO or some sort of financial advisor working with you right out of the gate, and always make certain that you start your business with the advisement of strong legal counsel and a securities attorney if you ever want to raise even one dollar. You also talk about “family and friends” funding.

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NextIO Secures $12.3 Million in Series F Financing

Austin Startup

This round included investment by existing investors and an undisclosed strategic investor. NextIO, the pioneer in I/O consolidation and next-generation networking solutions, today announced it has closed a Series F funding round of $12.3

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Need money? Read this!

Berkonomics

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

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More Tech Startups are LLCs

Austin Startup

C-Corp largely because (i) VCs have historically favored C-Corps for nuanced tax and other reasons, and (ii) virtually all of the standardized legal infrastructure around startup finance and equity compensation assumes a C-Corp. However, times are changing. It requires real financial, tax, legal, etc.

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Does your business need money? Read this!

Berkonomics

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

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A Socially-responsible, Triple-bottom line Taco Shop: SMB Tech Talk from Chaia

Hunter Walker

HW: How have you financed your business to date? We had an initial valuation made on our existing farmers market business and we secured a small business loan from a local bank to help finance much of our build-out costs. What lessons have you learned that you can share with other SMB’s?

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