Obviously the answer to this depends on a couple of items, but an Angel round depending if it is a priced or non-priced round, the valuation is usually dependent on traction, market size, team (history of success), unique IP with a high barrier to entry and growth rate.
Having a prototype is essential if you want investors to take you seriously. So good job on getting that. It would be very good if you can also get a designer to also make 1 or 2 sleek representations of your vision for what some key screens of the app could eventually look like. These screens ...
In my last two start ups I have invested heavier into my team than i have in the past and it has paid off big. Hiring an expert in their position has proven to be one of my most successful and stress free action in business. I will add this to my best practices. If you want to learn more about ...
Definitely a C-Corp in Delaware. You can use the SAFE (Simple Agreement for Future Equity). That's a better version of the convertible note, made by Paul Graham from Y Combinator. You can find it on his personal website. You should buy the best seller book THE ART OF STARTUP FUNDRAISING by Alej...
The terms are based on how an Angel investor views your company as well as your startup’s value in the market. So they are looking at your impact potential within your sector and industry, the size of any recent exits, the willingness to enter into a deal, and vice versa for the entrepreneur.
I would need a little more info to help you. What current issue are you having selling your product?
First of all, you have to figure out what type of investors usually invest in such startups. What I mean by that, is what is the profile you sould be looking for. Then you should earn their trust and respect (there are many ways to earn such qualities). Finally, you state clearly what your compan...
Finding a bank for your LLC's needs will largely depend on the specific requirements of your business, your location, and other factors. Here are some banks in the U.S. that are well-regarded for their business banking services. 1. **Chase Bank**: Chase offers a variety of business checking acc...
In our new book, Entrepreneur's Guide to The Lean Brand, Jeremiah Gardner and I tackle how relationships build passionate customers. In our view, products should fulfill a utility promise -- this functionality solves a that specific problem. But fulfilling the promise can only create 'satisfactio...
The answer to your question will depend on many factors that are not clear in your question: what is your nationality? do you hold an EU passport? What is your budget range? What is your risk profile like? Expected/desired ROI? What is your present age and retirement timeline? What is your prefer...