I run a startup where I've approach a bank for financing Capex procurement. Typically, most banks offer loans to business account holders - with or without collateral. The rates of interest vary accordingly. If you want to plan how much financing to obtain, it is dependent on a) the capital re...
Ghanaian youth are not into agriculture due to perceptions of the sector as low-income and lacking opportunities for personal growth. Modernization challenges, limited access to finance, and unclear land tenure systems further discourage their involvement. Additionally, migration to urban areas f...
Keep in mind that investors invest for returns. Telling a prospective investor that you want his or her money to grow your business but don't plan on ever generating a liquidation event that pays him or her a dividend is not likely going to work; angel or not. You may be better served with debt...
Disruption is your answer. You have to make the product disruptive or the product be competitive with disruptive pricing. Some entrepreneurs have this myth that if they convince the potential investors to use their products then they can get the investment, however this is wrong. If you make ciga...
From my experience I would not advise you to go with Venture Capital when you're a start-up as in the end they will most likely end up screwing you. A much better source for funding would be angel investors or friends/family. The question of how much equity should I give away differs for every s...
Yes, I'd contact them one by one. The best time to raise money is when you don't need it. And most investor relationships take awhile to ripen, so to speak, so if you start nurturing those relationships now, then you'll be in a good place with the investors when fundraising becomes a priority. I...
I've been a co-founder of three ventures and have had to negotiate ownership stakes with my partners for each one. I've also conducted intellectual property diligence, as a consultant to IP/M&A attorneys, for multiple multi-million dollar software M&A deals. As Stoney said, it's a bit hard to co...
No that pricing is too high as the maximum finders fee that is offered is 2.2% i.e. 440K max. Although if he is doing other tasks for you other than finding the investor that price may change. Traditionally the commission is as stated 2.2%.
Hi, This is a huge question and one that I often get asked - from various aspects (investors, founders, service providers...). General answer: there is no 'magic percentage' that a founder should hold - it all "depends" on the founders, on the investors, on the size of the investment, the indus...
You will find a lot of different views on equity split. I haven't found a silver bullet. My preference/experience is for: 1. Unequal shares because one person needs to be the ultimate decision maker (even if it's 1% difference). I have found that I have never had to use that card because we are ...