Get on AngelList (angel.co), it's widely used by web and e-commerce investors. Best way to get visibility.
You should never bring anyone on the team unless you feel they are awesome and will add value. I believe the first 12 team members will dictate the success of the company. That being said, you can bring in team members and give them equity that vest over 4 years, so that there is no risk to you...
I don't live in Chicago, but there is a Co-Founders Lab there that provides networking opportunities to find fellow entrepreneurs and co-founders. Here's a link for more info: http://www.1871.com/cofounderslab-comes-to-chicago/
There is no such list and that's not the way you'd make a connection with a great advisor anyway. First, your best advisor won't care that your company is based in Southeast Asia. Focus on identifying people who have significant expertise and credibility in your business area. Make your own ...
The short answer here is that this is very situational stuff and not necessarily something you can have completely planned out in advance. If you've already incorporated (c-corp) then you'll have authorized shares and issued shares (see http://startuplawyer.com/incorporation/how-many-shares-shou...
Few suggestions: - When you say your customers like your product, how do you know that. - I would recommend asking customers specific questions that correspond to the strengths and features of your product, e.g. 'Are you concerned with your on-premise costs of HW maintenance ?' while you're addr...
Better than choose an architecture and try to build the server side of your app, I suggest you to try to find a mate that helps you and was your cofounder. Just you will probably fail in building the app and keeping it working fine in the near future. One-founder teams are very risky for accelera...
I am answering with the assumptions that A) Bangladesh's population is as much your demo as USA B) You eventually want to have presence in both countries So here's some numbers- B'desh has only 7% internet penetration, but 80% of those use it at least once a day and the country is overwhelmingl...
I know this moment all too well. I've been on both sides of this one, and let me say - it's not as scary as you think. If the new hire comes to the table with more to offer than previous hires, then it shouldn't be something you have to "sell". If you think you need to "sell" this new hire to yo...
Great question. You should definitely not drop the idea if you think that it is worth pursuing. Just like you need the tech-founder, he needs a business founder with a dream, and the passion to make it succeed. I suggest that following: 1. Do market validation/ POC to see if the idea has potent...