I actually just came across this article from Real Estate Crowdfunding Platform Patch of Land about how tiny homes are going to be very innovative and popular: https://patchofland.com/blog/growing-communities/2015/01/28/innovation-online-residential-real-estate-investing-patch-of-land/. In terms...
Family & friends. This is where all begins. If they don't trust and believe in you it will be difficult for others to follow.
To answer your questions: 1) Mobile companies at your stage usually raise angel funding at a valuation equivalent of $5,000,000 for US based companies and $4,000,000 to $4,500,000 for Canadian companies. 2) The valuation is a function of how much you raise against that valuation. For instance, s...
There's no reason GE Aviation, or anyone, would be excited about your "idea for a hoverboard", or give you credit in any way, because you yourself say that you can't contribute anything to the project intellectually, financially, or otherwise, and the idea itself is not a new one. The idea was p...
Typically yes. And the more traction you already have, the more historical info you have on sales, the farther into the future you should model. 3 years is typical if you have traction and knowledge on which to base your projections.
If you're structured as a C-corp (which, if you're going to raise venture capital, you should be), then it shouldn't matter. Most VCs have foreign LPs. If you're an S-corp, it can be a problem due to limitations around who can own shares. Also if you're doing government work, it could be a proble...
By learning how to be resourceful. Getting the money you need from the people who have it. Take a current look at your assets and if you can use them to secure funds. Look at your network is there people who may be interested in investing. Bootstrap, start a kickstarter, low interest business loa...
I've done fundraising for two of my own startups, and advised 4 others. The only answer to this question is "now." As soon as you think you have product market fit, you should be getting in touch with seed investors. It takes time for these relationships to develop; and in the startup world, ti...
Yes, you can use personal money to pay for business expenses (just not the other way around.) In fact, most businesses start up this way with the owners putting their personal money into the business to get things started. In the end, the accounts track it all when they balance the books. If the ...
Firstly be clear with what you are pitching exactly? If it service/ product , ask yourself why I need this service/ product? What is the pain area this service/prodcut can solved? Who are my competitors? How I am different from them? And last but not least how I can make money out of it? Answer...