You are launching your startup! After reviewing the legal structures available, you decided on the LLC structure for your venture and have filed your Articles of Organization with the state. Now what?
Investable companies don’t occur by accident. In fact, the opposite may be true; many companies may accidentally become un-investable. This article is part #2 of a two part series that shares tips as to why startups may be investable enabling them to obtain funding from angel groups and VCs.
Asheville is a dynamic artistic, historic, and scenic hub nestled in the blue ridge mountains of North Carolina. Entrepreneurs across the east coast flock to this area as it’s consistently ranked as one of the best cities to start a business.
A principal goal in the life of a scalable startup company is getting external equity funding. The closing of a funding round is cause for celebration. However, founders are often left with a somewhat bitter-sweet taste when they realize what just happened.
Ultimately, the fit is as important to the advisory board candidate as it is to the entrepreneurs and the company. If it is learned that the fit doesn’t exist after the advisor has been on-boarded, it will likely turn out to be a waste of time for everyone.
As an angel investor and leader of an angel group, I receive funding inquiries every day. Most come in the form of an executive summary, which typically provides one of the initial interactions an entrepreneur will have with an investor.