Seed funding has become the ‘participation award’ of startups. While getting started is easier than ever, ultimate success is tougher than ever.
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Delaware is a Corporate Oasis for Startup Entrepreneurs, Angels, Venture Capital and Private Equity Investors
Entrepreneurs have numerous options for obtaining funding to explore and validate their startup concept.
While there is no formalized list of “Thou Shall Not” items for start-ups seeking funding similar to the Ten Commandments, if there were, Thou Shall Not encumber your balance sheet with debt, would certainly make the list.
One dark rainy night on a muddy hillside in Germany, I learned what it meant to be a great organization.
Every scalable startup will require external funding. A great team with an amazing idea where there is a clear demand is still DOA without the finances to make it happen.
The words were NOT an accurate reflection of the company I worked for.
“We filter out half of these qualified interviewees in the first minute.”
As Angels and VCs are tightening their fists, entrepreneurs are less likely to get next stage funding. Having a great team, pitch and front man are simply not enough.
As one might expect, since the business side of my current world is focused on entrepreneurialism and business growth, so is my entreprenureading list.