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6 Tips for Coming Up With Your Million-Dollar Business Idea

Up and Running

With my third business, I didn’t even try to be original—I purchased a custom framing franchise and piggybacked to success on someone else’s name. David sold his recording equipment for $50,000 and they borrowed the rest of their seed money from a bank. What I’m saying is, I’m wholly unqualified to offer startup advice.

Detroit 156
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The Legal Side of Entrepreneurship

YoungUpstarts

Startups need to understand how to manage the seed money they receive from investors and VCs. Best practices dictates that a company provide the same explanation to end-users with regard to all data (not just personally identifiable data) collected through their products or services. Domain Squatting.

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Should you raise on convertible notes or do an equity round?

Hippoland

A reader named Turner Dean recently asked me whether it’s better to raise seed money on convertible notes or straight-up equity. We hold this to be true in product development, and it should also hold true when raising your seed round. You just don’t have time or money to worry about making things clean now.

Equity 48
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Timing: When to raise seed funding.

Scalable Startup

High growth startup companies need seed money to get things going. They need the money to rent offices, hire staff, and establish their initial presence (website, incorporation, marketing). When launching your company there are 2 times to raise your outside seed funding, and one time window to avoid.

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The Corrosive Downside of Acquihires

Both Sides of the Table

Let’s assume $2 million in seed money. If the money comes from professional investors it usually has a “liquidation preference” meaning that their money comes out before the founders or common stock. I know the buyers try the best to believe that [insert well known founder name here.

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Startups getting caught in No Man’s Land

BeyondVC

This can happen for many reasons including not raising enough capital in the seed round to begin with and of course not getting your product out the door. Many try to do an additional seed round or add-on to the prior round. So what does an entrepreneur do when caught in this predicament?

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Startups getting caught in No Man’s Land

BeyondVC

This can happen for many reasons including not raising enough capital in the seed round to begin with and of course not getting your product out the door. Many try to do an additional seed round or add-on to the prior round. So what does an entrepreneur do when caught in this predicament?