Apps are difficult to fund on IndieGoGo as few are successful, and we rarely take them on as clients. Websites like http://appsfunder.com/ are made for that very reason, but again, difficult to build enough of a following willing to pay top dollar for an app that could very well be free, already ...
No. The ongoing costs are significant, it's very difficult to create liquidity and trading volume, and the valuation is often lower than what that same company could achieve in venture funding. Also, the CEO's time is spent managing investor relations in a very inefficient way.
Before you ask money you will need to build something quick and dirty (MVP) and try to get few users to see if your idea can fly. Truth to be told that it’s going to be near to impossible to get funding unless your idea is A. High-Impact for global change where nonprofits like Chan Zuckerberg ...
Have you considered crowdfunding? Investment grants will be able to take care of funding but crowdfunding has the benefit of taking care of funding and providing a customer base.There are many examples of teams without a fully working prototype being successful on these platforms. Kickstarter ...
I'd need to understand a bit more about your business, but I suspect one answer is to work toward getting an accounts receivable-based credit line. Amazon is a good company that pays it's bills. Lenders will either loan against the Amazon receivables or buy them from you at a discount. This ap...
Absolutely. I would focus as much as possible at raising the least amount of money possible while still optimizing your businesses ability to execute on its strategy. Money isn't free, the cost is the equity, interest, etc.
I'm both an active angel investor and entrepreneur who has recently raised capital. I'll start with what is standard in Silicon Valley and then apply various multiples and discounts where relevant. For an angel or early seed round, the current going rate is $3m-$5m pre-money via a capped note ...
If you have an existing space, why not consider leveraging the current tenants for part of the money needed? Spend some money (tenants can pitch in for that instead) in a fundraising party! Invite local band, caterer (ask for discount in exchange of promotion) have some context for the event suc...
If you want to "raise more money", you could add more advanced features and add in-app purchases for them. Statistically, about 5% of app users pay for in app purchases (but obviously depends on what features you add). Alternatively, add advertisements, or just use the existing income you're alre...
It entirely depends on the kind of business you have. If you have a tech startup for example, there are pretty reliable assumptions about each round of funding. And a business plan and financial forecasts are almost totally irrelevant to sophisticated tech investors in the early stages of a com...