Sometimes the end game or sale of the company is not a happy event. Especially when outside investors, venture capitalists, or angels have put in substantial money and the sales price is less than the value of their investment. Most experienced VC and angel investors have found themselves in such a situation, since it is […]
Angel Investors
Do Those Summaries. Use Those Frameworks. But Don’t Think They Replace Business Planning.
There is some bad advice floating around in the startup world. Useful as the Lean Canvas is, and despite some well-intentioned suggestions of summaries, those are not business plans. They don’t deal with the drivers and components of cash flow. They don’t set milestones, metrics, and tracking. You can’t run a business with them. And […]
Finding the Right Angel Investor for Your New Venture
If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. Or does it? Actually numbers and locations are just the beginning. The challenge is to find the right angel for you, and […]
6 Common Misconceptions About Angel Investors
The question on Quora was “What do investors ‘get’ that other people don’t?” I answered that question from the point of view of angel investors, specifically … not just investors. 1. Some of the healthiest businesses are not good investments Many people think that a good business makes a good investment. The truth is not […]
My Advice to Startups Seeking Angel Investment
Over the weekend I was asked what advice I’d give to founders of a startup seeking angel investment. Here’s my list. First, make sure you really want angel investment. Read 10 good reasons not to seek investors for your startup. Take it to heart. If you don’t need investment, really, you are better off without it. […]
What are the Normal Steps for Angel Investment?
Question: What are the normal steps for angel investment? What’s involved in submitting a business plan? I decided to answer this question here because I see it so often in email and in question and answer sites on the web, especially Quora, which is where I first saw it and answered it. Yes you do need […]
If You Can’t Find an Angel Investor, Look Again, Here
If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. Or does it? Actually numbers and locations are just the beginning. The challenge is to find the right angel for you, and […]
3 Flexible Funding Options for Small Businesses
One of the most significant challenges any startup or small business faces in its early phases is gaining the necessary funding to allow it to function. Every business needs money to survive, and luckily there are many external sources from which funding can be acquired. These sources are all different, and different businesses need differing […]
Does Your Business Need Money? Read This!
The subject of raising money is critical to many businesses and a passing option to others, depending upon the capital efficiency of the enterprise. Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For you […]
Angel Investment Red Flags
Last week at an angel investment meeting one of our group members asked whether anybody had a list of red flag problems that would immediately eliminate a startup from consideration by angel investors. That seemed like a good idea to me then. And over the weekend somebody asked a similar question in Quora: what are some […]
