Rites of Passage: What Investors Mean by Due Diligence

Rites of Passage: What Investors Mean by Due Diligence

Entrepreneurs fear due diligence mostly because they don’t understand it. Here’s an overview of what investors are trying to accomplish. Entrepreneurs who manage to pull a good pitch together, generate some interest, and get through a pitch successfully,...
Crowdfunding Options for Startups

Crowdfunding Options for Startups

Early-stage companies need tremendous amounts of cash to grow rapidly. Yet, angel groups and venture-capital firms are not usually a realistic option for early stage startups. Additionally, entrepreneurs often find that financing options such as savings, friends, family, and bank loans, even if available, cannot cover the high startup costs attendant to growing a business. Recently, the media has anointed “crowdfunding” as the solution to this startup capital gap. But what exactly is crowdfunding?

Convertible Debt for Startups

Convertible Debt for Startups

Early stage high growth startups face a key early financing challenge: to fund growth operations, they need to raise a lot of cash, yet they have little, if any, market value. They typically have not fully developed intellectual property, produced a product, proven the market or de-risked the venture in any meaningful way.