Startup Professionals Musings

MAY 4, 2016

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Years ago, it cost a million dollars for a new e-commerce site, one that you can now create for almost nothing with current tools and technology. The cost of social media done well is low.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

JANUARY 19, 2020

Individual angel investors and crowdfunding have been adding to the momentum, some say exceeding VCs in total amount invested. The cost of entry for tech startups continues to go down. Twenty years ago, it cost several million dollars to launch an e-commerce startup, which can be done today for a few thousand dollars.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

Berkonomics

DECEMBER 21, 2017

Almost always, professional investors, including angel groups and venture capitalists, also require at least one seat on the corporate board. The investor organization is granted the seat as long as the investment remains, and the documents often name the first representative assigned by the investor group to the position.

Covenant 97

Covenant Cost Angel Groups Angel Investor 97

Startup Professionals Musings

NOVEMBER 4, 2011

Over the past 10 years, I have had the opportunity to see how the process works, several times from the startup side, and more recently from the angel perspective (as a member of an angel group selection committee). Like the business plan, a financial model is required as much for your own use as to impress angel investors.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

SEPTEMBER 23, 2010

Over the past 10 years, I have had the opportunity to see how the process works, several times from the startup side, and more recently from the angel perspective (as a member of an angel group selection committee). Like the business plan, a financial model is required as much for your own use as to impress angel investors.

Intellectual Property 224

Intellectual Property Angel Investor Technical Review Elevator Pitch 224

Startup Professionals Musings

FEBRUARY 15, 2012

Jason Calacanis, a well-known entrepreneur and Angel investor, opened the debate a while back in a strongly-worded article on his blog which attacked the practice on ethical grounds, and called out popular Angel groups charging fees ranging from several hundred dollars to $5,000 or more. Others , including noted Angel David S.

Angel Groups 237

Angel Groups Angel Investor Due Diligence Seed Stage 237

Startup Professionals Musings

MAY 20, 2016

With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. These groups are now largely run by volunteers at no cost to entrepreneurs. Early crowdfunding successes have been undeniable.

Angel Groups 136

Angel Groups Accredited Investor Equity Due Diligence 136

Startup Professionals Musings

DECEMBER 13, 2010

Jason Calacanis, a well-known entrepreneur and angel investor, opened the debate about a year ago in a strongly-worded article on his blog which attacked the practice on ethical grounds, and called out popular angel groups charging fees ranging from several hundred dollars to $5,000 or more. Find and fix that first.

Angel Groups 234

Angel Groups Entrepreneur Angel Investor Due Diligence 234

Startup Professionals Musings

DECEMBER 27, 2014

Individual angel investors have been filling the gap, and now match VCs in total amount invested. The cost of entry for tech startups continues to go down. Twenty years ago, it cost several million dollars to launch an e-commerce startup, which can be done today for a few thousand dollars.

Angel Investor 260

Angel Investor Silicon Valley Startup Portfolio 260

Gust

JANUARY 22, 2014

At the moment, Gust for individual angels is only available to Accredited Investors who either (a) belong to an official angel group, venture fund or other organization that provides verification of their investor status, or (b) have already invested in (or been invited by) a startup using Gust for its investor relations communications.

Angel Investor 150

Angel Investor Angel Groups Accredited Investor Early Stage 150

Startup Professionals Musings

DECEMBER 24, 2012

But many entrepreneurs don’t realize that Angels are also extremely discerning in the projects that they will invest in, rejecting approximately 97% of the proposals submitted to them, according to the California Investment Network. Don’t expect the pomp and celebrity of the Angels on Shark Tank , but they do ask a lot of the right questions.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

Austin Startup

JUNE 30, 2017

In some ways, the resources that top accelerators give founders have upped the ante on what “value add” from institutional investors really means , and has put some traditional VCs in the same category as prominent angels or well-coordinated angel groups: checks, perhaps with a few intros, but not much more.

Curation 48

Curation Startup Cofounder Equity 48

Up and Running

JULY 2, 2014

Our attorney updated our operating agreement to include a “non-dilution clause” for this investor, and my business partner and I later found out how much this would cost our company—both financially and otherwise. We had a beta product launched, 20 beta testers, and lots of interest from different investor groups. We were on a roll.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Austin Startup

MARCH 19, 2017

Indeed.com said that Austin is the best place for a software engineer to get a job where his paycheck goes the farthest compared to the cost of living. The Central Texas Angel Network is one of the most active angel groups in North America. for the second year in a row. CNBC said Austin is the best city in the U.S.

Silicon Valley 54

Silicon Valley North America Austin Angel Investor 54

Gust

JANUARY 22, 2014

At the moment, Gust for individual angels is only available to Accredited Investors who either (a) belong to an official angel group, venture fund or other organization that provides verification of their investor status, or (b) have already invested in (or been invited by) a startup using Gust for its investor relations communications.

Angel Investor 89

Angel Investor Angel Groups Accredited Investor Early Stage 89

Startup Professionals Musings

AUGUST 27, 2012

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Explain in analogies your mother could understand, and quantify the “cost-of-pain” in dollars or time.

Exit Strategy 247

Exit Strategy Elevator Pitch Burn Rate Merger 247

Gust

DECEMBER 16, 2012

But many entrepreneurs don’t realize that Angels are also extremely discerning in the projects that they will invest in, rejecting approximately 97% of the proposals submitted to them, according to the California Investment Network. Don’t expect the pomp and celebrity of the Angels on Shark Tank , but they do ask a lot of the right questions.

Angel Investor 179

Angel Investor Intellectual Property Elevator Pitch Angel Groups 179

David Teten

SEPTEMBER 23, 2017

Sources like Crunchbase , Angel List , and Seed Invest even give this data away for free or very low cost. A major angel group used Influitive , an advocate management tool, to track, activate and motivate their members.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

VC Adventure

JANUARY 24, 2014

I’ll be speaking at an Impact Angel Group event on February 12th. With a few other angel investors, I’ll be talking to other angel investors, along with prospective angel investors, about the role of impact investing the community, as well as in our own portfolios. The details are below. Where : The St.

Angel Investor 92

Angel Investor Denver Angel Groups Early Stage 92

Startup Professionals Musings

JUNE 10, 2011

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Explain in analogies your mother could understand, and quantify the “cost-of-pain” in dollars or time.

Elevator Pitch 234

Elevator Pitch Exit Strategy Burn Rate Merger 234

Berkonomics

APRIL 4, 2019

Others worry that we will latch onto individual line items within financial data and engage in inquisitions regarding telephone bills, marketing costs and other tactical line items in detailed financial statements. That is one of the many costs of becoming a public entity as many CEO’s have found and dealt with over the years.

Stock Options 48

Stock Options Balance Sheet Stock Common Stock 48

David Teten

JANUARY 28, 2019

NYU just widened the door for more people to benefit from and contribute to their network, at nominal cost. Organizations like Accelerate Yale and Columbia Entrepreneurship have made important strides in bringing different university tech groups under one umbrella and hosting high-quality events in. Data-informed instant mentoring.

Affiliate 60

Affiliate Connecticut Programming Community 60

Up and Running

MAY 12, 2015

Ask an angel investor: Targeting a particular angel investor can be a good tactic, as they are often willing to evaluate your pitch. Tim advises checking out Gust, which lists regional and local angel groups. From there, you can reach out to an angel in your area. Operated by the U.S. Eric agrees with Josh.

Angel Investor 60

Angel Investor Software Review Technical Cofounder Due Diligence 60

Up and Running

DECEMBER 11, 2013

Investors like valuation to relate to actual business numbers, such as sales, gross margin (price less direct costs), and burn rate or fixed costs. But a service delivered by humans, that requires adding payroll and fixed costs in proportion to sales increases, is not scalable. . It’s simple math. .

Valuation 136

Valuation Oregon Burn Rate Angel Groups 136

Startup Professionals Musings

MAY 19, 2010

As a member of the local angel group Selection Committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Explain in analogies your mother could understand, and quantify the “cost-of-pain” in dollars or time.

Elevator Pitch 235

Elevator Pitch Exit Strategy Burn Rate Merger 235

ithacaVC

JUNE 26, 2019

The first one hundred accredited investors to sign up for the beta test of the Investor Network by July 15th at no cost, will have access to the inaugural slate of startup companies seeking funding this summer.

Accredited Investor 40

Accredited Investor Due Diligence Capitalization Table Angel Groups 40

Austin Startup

MARCH 4, 2019

If you’re newer to angel investing, angel groups are a great avenue to build your understanding and confidence as an investor. Join your peers to discuss these topics, make connections, and exchange ideas about the future of angel investing. How will crowdfunded investments impact your portfolio?

Silicon Valley 50

Silicon Valley Technical Review Texas Venture Capital 50

YoungUpstarts

MARCH 31, 2016

If your solution doesn’t help potential customers reduce cost, increase sales, or improve their service to their customers, you don’t have a business anyway. He’s formed multiple venture capital funds, founded angel groups, and is an angel investor. Get over it.

United Kingdom 100

United Kingdom Entrepreneur Oklahoma Ohio 100

David Teten

FEBRUARY 6, 2013

How to make the most out of angel group participation. How to collaborate effectively with other angel groups. We will also discuss the latest trends in angel investing and where the industry is headed next. For a preview of the discussion, see “ Introduction to Angel Investing ”. Thursday, February 28th.

Private Equity 114

Private Equity North America Cofounder Angel Groups 114

Gust

AUGUST 19, 2012

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short – maybe short on content, but not short on pages! Explain in analogies your mother could understand, and quantify the “cost-of-pain” in dollars or time.

Exit Strategy 146

Exit Strategy Elevator Pitch Burn Rate Merger 146

The Next Web

AUGUST 5, 2012

When I was deciding on a city, I looked at who I knew there that could help connect me to clients, how active the tech community was, and the cost of living. Cost of Living. All of these costs add up and take money that you should be spending on your product away and cast it to the wind. Caitlin McCabe , Real Bullets Branding.

Angel Groups 146

Angel Groups Affiliate Incubator Boston 146

Berkonomics

APRIL 14, 2012

Others worry that investors will latch onto individual line items within financial data and engage in inquisitions regarding telephone bills, marketing costs and other tactical line items in detailed financial statements. That is one of the many costs of becoming a public entity as many CEO’s have found and dealt with over the years.

Stock Options 81

Stock Options Balance Sheet Stock Common Stock 81

Up and Running

JUNE 25, 2014

The cost: it’s much more profitable for traditional lenders to do a two million dollar loan, or a three million dollar loan than doing a $150,000 loan or $100,000 loan. It’s a really great way to get funded from an angel perspective, and also get introductions to that angel group. Hopefully that does. Scott: Okay.

Small Business 89

Small Business SBA Finance Bankruptcy 89

David Teten

MARCH 24, 2011

The latest investors realize that the money/time the early investors and employees/consultants put in is a sunk cost, so they’re always trying to shrunk down their percentage. As a general principle, I find that later investors typically have little appreciation for the employees/consultants who came in early but are now less involved.

New York 122

New York Warrant Angel Groups Architecture 122

Up and Running

MAY 28, 2015

Having said that, if you are, what I see in our group is the lean business plan is initially in the background, it’s your screenplay for your movie. It’s your plan that you go to as you develop summary and pitch, and most important, I see a hundred pitches a year because I do judging for some other angel groups and so on.

Lean 60

Lean Business Plan Video Software Review 60

Tim Keane

JANUARY 12, 2010

.   For individual angels and others investing their own money, this may be more fluid than for someone with responsibility for a managed fund. For angel groups, the distinction between groups and VCs on this issue is dwindling, especially as angel groups do bigger rounds of financing.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Up and Running

APRIL 8, 2013

The key thing is that the estimated return on the project must meet or exceed the cost of the external capital; otherwise the project is not worth undertaking. Equity investments are taking the most risk, but receive the highest return (cost to the company) in exchange. or greater.

Equity 82

Equity Covenant Venture Capital Finance 82