bootstrapping

Bootstrapping Your Startup

Funding Choices When talking to startup founders I very often see people who don’t understand how the funding actually works. No matter if you have done it before or this is your first startup, it is never easy to get things running. The only way to reduce the frustration and to put yourself on the success track is to get educated and understand how the funding works. And of course, to manage your expectations. Securing Read more…

Getting Venture Capital Funding

Considerations When Seeking Venture Capital Probably the most important thing when seeking venture capital funding, as with any other type of funding is to show at the right places where “seekers are seeking”. In other words, you need to get in front of venture capital firms. Asking for money is not easy. If you think this is hard, try writing a check to someone who wants to use your money to build his dream. That Read more…

Venture Capital Funding Explained

Venture Capital Definition What is venture capital and why use it? How much can a startup raise from a venture capital company? At what stage of a startup development is the right time to seek venture capital help. Venture capital is a type of financing that is associated with high-risk investments. It is usually performed on startups or other businesses that have the potential of extraordinary growth in a relatively short period of time. There Read more…

Startup Series Of Funding And How It Works

Challenges When Raising Funds When we discuss the process of raising money for a startup it is usually assumed that we talk about diluted (equity) funding. This simply means that you will be giving away ownership of your company. Non-diluted funding means you will be getting money, but will not be partially losing ownership of your company. An example of diluted funding would be taking money from an angel investor, whereas non-diluted funding would be Read more…

Startup

How Much Should A Founder Be Compensated

Why Founder Compensation Is An Important Question Founders are the engines in a startup. A founder can make or fail a startup. This has been seen and proven many times in Silicon Valley history. The startup folklore is filled with stories of heroes, daemons, and socially awkward leaders of unicorn companies. An average startup will have a structure integrating investors, employees, and founders. Each group has different goals, targets, and daily operation milestones to achieve. Read more…

Whole Product Concept as MVP

Whole Product Concept The Whole Product Concept is a different way of thinking when you make an offer to your customers. The concept was first introduced by Theodore Levitt and Regis McKenna, but it really picked up as an alternative way of thinking after Geoffrey Moore popularized it in his book “Crossing the Chasm”. There are some differences in the presentation of some of the details in Geoffrey Moore’s book compared to the original idea, Read more…