Startup due diligence is one of the most important components of the funding process for a new business…
Tagged: venture capital
How to Build a Winning Team
How to Create a Strategy, Vision and Mission
How to Create an Advisory Board
How to Get Funding
How to Improve Your Company
How to Improve Your Pitch
How to Start Your Company
Entrepreneurial Ecosystem Spotlight
Startup Accelerator Spotlight
Startup Investor Spotlight
Business Startup Spotlight
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University Entrepreneurial Program Spotlight
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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.
One dark rainy night on a muddy hillside in Germany, I learned what it meant to be a great organization.
Since the business side of my world is focused on entrepreneurialism and business growth, so is my new year reading list.
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.
The Billion Dollar Startup Club has 101 companies as of July 2015, with the number one private company valued at $46 billion. It’s no secret, technology has revolutionized entrepreneurship. The explosive growth of tech-based companies is at its highest since 1995, surpassing the dot-com boom of year 2000.
Entrepreneurs have numerous options for obtaining funding to explore and validate their startup concept.
“We filter out half of these qualified interviewees in the first minute.”
The words were NOT an accurate reflection of the company I worked for.
If this research were to uncover the ‘secret sauce’, entrepreneurs could prepare accordingly and drastically increase their probability of successfully acquiring the funding.