Up and Running

JANUARY 2, 2013

I know what it’s like to pitch to investors – both angels and venture capitalists. I’ve raised close to $1 million from angel investors for my previous technology start-ups. Sometimes you only get 10 minutes to pitch your business opportunity to the investors (or less in some cases).

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Instead of funding, you pay the investors a structured royalty, which is a portion of the sales. Equity investors. These are also another form of funding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

MAY 15, 2018

Investors in particular want to fund only scalable or ready to scale businesses. Your business model must show the potential to increase the revenue with minimal expenditure in the coming months or years. Use a billing software to record the sales and invest in a relationship with a tax professional only when needed.

SBA 84

SBA Angel Investor Technical Review Startup 84

Growthink Blog

OCTOBER 1, 2013

There are eight key things angel investors will look for when considering whether or not to fund your business. No matter how good your venture is, if the investor doesn''t like you, they generally won''t fund you. There are five sub-criteria to this, which get us to our sum of eight things angel investors want. #4a:

Angel Investor 88

Angel Investor Exit Strategy Equity Operations 88

Growthink Blog

MAY 13, 2012

But, when one of these factors are "out of whack," it can be a much tougher sale to make. Getting funding from angel investors is the same way. You prepare by making sure angel investors will want to invest in your company. The point -- you can get a job done with a lot less effort when you are fully prepared.

Angel Investor 93

Angel Investor Exit Strategy Liquidity Event Angel Groups 93

Startup Professionals Musings

JULY 27, 2018

As an occasional angel investor, I always ask for a business pitch to get me in the mood. I’m a technologist, so I always love to learn about the product, but every investor needs to make sure you have a business, as well as a product. Customized marketing strategy and realistic sales plans. “If

Product 145

Product Intellectual Property Liquidity Event Exit Strategy 145

Business Plan Blog

DECEMBER 19, 2013

How to Pitch to Angel Investors. You have finally set up that meeting with an angel investor and have everything prepared for your pitch. Be sure to address these four items that investors will always be asking: 1) Is the business idea simple enough for me to understand and buy into. Have an exit strategy.

Angel Investor 55

Angel Investor Exit Strategy Valuation Differentiation 55

Startup Professionals Musings

AUGUST 13, 2012

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Exit strategy.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

MAY 13, 2011

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Exit strategy.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

AUGUST 27, 2012

In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Implicit in this is the go-to-market strategy. Marketing, sales, and partners. Describe marketing strategy, sales plan, licensing, and partnership plans. Exit strategy. Executive team.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

Gust

AUGUST 5, 2012

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Exit strategy.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it requires at least 100M users and $50M investment. Exit strategy.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

David Teten

DECEMBER 3, 2019

I previously posted a detailed presentation with sales technology tools useful for B2B sales. Investors are also mining for leads such sources as: – product crowdfunding sites ( Indiegogo *); – tech communities ( Producthunt ); – angel group platforms ( Gust ); – expert networks (e.g.,

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

discuss.joelonsoftware.com

NOVEMBER 1, 2010

Im confident that this business will be able to compensate these two additional principles along the way, after initial risk of investing their time, and will later reward their vesting with an exit strategy. Angel investors also are motivated to help the company with whatever influences they have in the marketplace.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

Up and Running

MARCH 11, 2015

I’ve pitched in taxi cabs, I’ve pitched on street corners, in board rooms, on stage in front of 400 angel investors. The opportunity when I got to pitch on stage in front of 400 angel investors was for the largest angel investor conference in the Pacific northwest called Angel Oregon, and we competed with 60 other companies.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

Up and Running

MAY 22, 2018

You’ll have to actually demonstrate that you’re generating revenue and increasing your client base. Your MVP’s success will be a key component of your investor pitch deck. Angel investors and VC funders are truly investing in your good idea, but your passion and commitment are important too. Nerdy term: Sales lifecycle.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90

www.paulgraham.com

APRIL 28, 2010

If your friends or family happen to be rich, the line blurs betweenthem and angel investors. At Viaweb we got our first $10,000 ofseed money from our friend Julian, but he was sufficiently richthat its hard to say whether he should be classified as a friendor angel. There never has to be atime when you have no revenues.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Up and Running

MAY 21, 2015

When small business owners talk about taking on an additional investor, they typically say something nondescript like, “We’re taking on an angel investor.” What they don’t discuss are the many of ways in which that investor can actually invest. See Also Planning for the Future: Your Exit Strategy.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60

www.quora.com

JANUARY 16, 2011

I have come to believe during my time as an operator, entrepreneur and investor that the balance of these skills is so important to the long-term health of a business that if balance is not achieved early then the impact later can be profound - sometimes terminal. No startup will ever succeed without a persuasive and visionary sales leader.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51