Don’t Take Money from Just Any Angel Investor
A few angel investors have slipped or fallen from their lofty perch, so entrepreneurs must take great care to validate the character and reputation of every prospective investor. The entrepreneur’s…
A few angel investors have slipped or fallen from their lofty perch, so entrepreneurs must take great care to validate the character and reputation of every prospective investor. The entrepreneur’s…
Most startups desperately need an investor and thus you may feel that you are willing to consider any source of funding, regardless of the type of investor. Both so-called “angel”…
Some entrepreneurs seem to have no trouble attracting investors, while others—even those with a great business plan—may struggle with it. The reality is that angel investors are human beings, a…
A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just…
Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream or collateral to back up their financing…
Remember a term sheet agreement is not a deal until the check clears. Entrepreneurs sometimes assume an initial agreement with an angel is a commitment, so they start spending before…
Sooner or later, every entrepreneur thinks about raising funds from outside investors. Although many look forward to the process, others find the prospects daunting. Few of us are personally acquainted…
Startup Funding is a Binary Event In the binary language of computers, a zero represents the "off" state and a one represents the "on" state. When I say that funding…
The March 4, 2010 issue of The Wall Street Journal had an article written by Emily Maltby titled A Plea for Direct Lending to Companies. In the piece, Ms. Maltby…
Did you ever hear about the entrepreneur who, upon returning from a quick lunch, finds his angel investor sitting in his office? The angel greets him with the question, "Where…