I hear continued frustration from founders who are trying to raise funds. Sure, the media loves to talk about the companies that are getting funded, but in reality those popular companies have always been a very small percentage of the companies that are actively fundraising. Many thousands are having a hard time getting funded and […]
Entrepreneurs need patience, but few seem to have it
Very few startups are overnight successes. In fact the “overnight successes” that you can think of right now probably took years to hit that “overnight” point. It takes time to get a new venture off the ground. And during that initial period of time (which can very realistically be measured in years) there is a […]
Business, customers, entrepreneur, Founder, Fundraising, small business, startups, ventureConvertible Notes: Is the Reward Worth the Risk?
Here in 2014 convertible notes seem to be all the rage in the startup funding arena. The commonly given reasons for using notes versus a straight equity funding arrangement are: faster to close, cheaper to close, and it pushes back the valuation discussion. There are other advantages to notes but these are the most common reasons […]
angel, Business, Funding, Fundraising, Investing, Startup