We are fortunate to be living in a time when new financing options for funding your small business are popping up every day. However, they all come with limitations. Here is a super quick rundown of some: Banks. Hesitant to loan money to unknown founders. Crowdfunding. With some the money you raise will be taxed […]
Salmon are famous for how they courageously and tirelessly swim upstream to meet their destiny in their generational spawning grounds. Then they die and their rotting carcasses are eaten by a variety of creatures. I’m wondering if the tale of the new online retail startup Jet.com will be a modern, digital retelling of the salmon […]
When you’re trying to sell something, you want to have answers ready for any question that may come up. It’s an impossible – but good – goal to have because if you take it seriously, it forces you to understand what you are selling and who you are selling to. Further, whether you’re selling a […]
“My partners and I formed a technology startup last year. We’ve done a ‘friends and family’ round of financing and have perfected our product. “Now we need $2 million to bring this product to market. I’ve been reading about the new federal rules allowing companies like ours to advertise our offering and solicit investors through […]
There’s a lot of talk about “early round” investors in startups, but the true “early round” honors usually go to founders, family and friends. If you include yourself in the “founder” leg of that triad, what do you need to know to get the other two legs – the friends and family – involved in […]