I am a corporate technology lawyer experienced in setting up venture funds and acting fur funds in their "portfolio" investments. Always happy to see new innovative approaches to investment funds. The above offering can be done. I suspect it would require more "maintenance" on the fund level and ...
You're confusing partnerships and corporations. If someone owns 10% of a corporation they are simply a shareholder. Many people create corporations and refer to themselves and other founding shareholders as 'partners.' This may be the source of the confusion. A partnership (general or limited...
Great question! 1) You can use "pre-selling" to offer an upcoming service or product to existing customers which they will effectively fund by paying for it (while you create it) so that they are also buy it as your customer: https://thefoundation.com/podcast/episode21 https://thefoundation.c...
Hi, my name is Kruno, I had several startups and several partners in them. First of all, you should know how much money founders invested in the startup, and then how much money you need to bring inside of the company and in which period. Second, if this idea is a long shot and "maybe" can be the...
Hi, I am the Managing Director of a $100m Technology Company Private Equity are looking for high growth potential investments with a 3 year exit plan. Experience of the management team with past success will be a major consideration. Best Regards,
As Ken suggested, there is a wide breadth of mobile offerings and although there are some great "mobile only" funds, each investor / fund has their own thesis that makes them interested in some but disinterested in others. Also, if your revenue generating, you should seriously consider bootstrap...
Here are my thoughts: "Offering stock options to the first 5". We tested this and it turns out this isn't viable. Not only will you administrative overhead managing your cap table, you're going to turn off investors that may not like the structure. My advice is: keep it simple. 1. Define your...
Few things to consider here, definitely would want to be looking at vesting the equity, good article on that here to get you started: http://thestartuptoolkit.com/blog/2013/02/equity-basics-vesting-cliffs-acceleration-and-exits/. I'd also be looking at a technical gun to be reviewing him from a ...
You will always have to give people something they want (and you should give them even a little more than that as a gesture of being a good person), so you have to be imaginative and find the right people. To do this, the most valuable assets you have are [1] your location, [2] how cool and fun ...
When I was starting my company we used a platform called FundersClub in the US. We had to go through a pitch and get formally accepted in order to work with them. We went on their platform and proceeded to raise $100K. Our company also received some great publicity from being on the platform....