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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

I finally had a brainstorm, and started writing a business plan. We’ve put together a detailed, confidential business plan; a high-powered Advisory Board; and a pool of funders eager to get this launched with the right team. . Once we’ve executed all the steps above, we go to VCs and raise seed capital of $1-2m.

America 60
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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

I finally had a brainstorm, and started writing a business plan. We’ve put together a detailed, confidential business plan; a high-powered Advisory Board; and a pool of funders eager to get this launched with the right team. . This work is unpaid, as with any other startup at the pre-seed stage.

America 60
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Building a High-Tech Startup Team

Business Plan Blog

A bonafide team is the assurance that the idea can be executed and that the business can scale when the time is right. Furthermore, when faced with adversity only great teams can respond to competitors, markets, funding environments, staff departures, PR disasters and the like. Early Stage.

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Think Your Start-up Is Venture Worthy? Think Again.

techcrunch.com

The businesses, it seems, vastly over-estimate their ability to raise funds. 41% of them feel that they qualify for venture capital funding. Meanwhile, the VCs surveyed indicated that their firms are only doing a few deals every six months and go through one hundred business plans to close one deal. Translation?