Sourcing capital for your startup is never easy, especially when you are pre-product completion and before the proof-of-concept the traditional venture investors are looking for. Often, the only way to get your business from a piece of paper concept to a venture-backable business is to bootstrap.
As the startup grows, it will usually require additional funding and accordingly seeks larger investments through a seed financing round with angel investors or startup incubator programs.
There are many funding options for entrepreneurs, from government grants and funds to competitions, angel investors and VCs. As a founder it is your duty to understand them all as well as the advantages and disadvantages of each.
M-Blocks are very cool little cubes that have a remarkable structural build capability, largely facilitated by a magnetic lattice in conjunction with an internal flywheel mechanism.
Hague is bringing that experience to her latest project, Female Funders, a site dedicated to providing women with “approachable” resources to help them jump into angel investing. Its goal is to encourage 1,000 women to invest in their first venture this year.
Invest small amounts across a dozen or more young companies; reap outsize rewards on one or two; repeat. This is the simplified version of angel investing, the euphemistic term given to early stage investments in companies that are long on ideas and short on capital.
The report from the Journal of Business Venturing “…suggest that business angels prefer investment proposals characterized by the moderate use of positive language, moderate levels of promotion of innovation, supplication and blasting of competition, and high levels of opinion conformity.”
Silicon Valley has become enough of a hotbed of innovation that the USPTO has opened a Silicon Valley Regional Office right in the Valley (October 15, 2015).
Raising money for your startup is never fun, but it might be the only way to get your business off the ground. It is a time-consuming, and often humbling experience.
A quick list of Usability and Prototyping Tools that I mentioned at a discussion at Million Cups of Orange.
Growth is what founders and investors alike are constantly searching for. Growth enables startups to quickly create tremendous value in the market. Without growth you’re dead in the water. But accordingly to Paul Graham, there’s a silver lining: “…if you get growth, everything else tends to fall into place.”
Who Makes it onto the List of the Top 20 Seed Accelerator Programs?
It might not be who you think….
Trying to figure out how much you should raise, how high your projections should be, and what is going to appeal to investors in general can be totally perplexing for a founder. Geektime has created an algorythm to help you figure out this critical puzzle piece.
Use this great little online tool to generate an excellent color palette for your brand.
Tech Tool Girl’s review of some great ways to search the Creative Commons for amazing free to use images.
Welcome to the advantures of Tech Tool Girl…. startup mentor and tool lover. “I have a tool for that!”
Accelerators provide seed investment, mentorship, and the connections necessary for success. By the end of the program, companies that go through our accelerator for instance have found more value in the experience than the $50,000 we invested in them.
Some fast-growing Boston tech companies are choosing to forgo chasing after venture capital. For those companies, doing so would simply distract from focusing on building the best product possible—and ultimately, they strive to achieve financial sustainability by way of their customers alone.
Humans are awesome at certain things, like closing enterprise sales deals, delivering rousing speeches, and comforting small children. For these tasks and lots of others, humans are far superior to code.