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Praying to the God of Valuation

Both Sides of the Table

Starting in 2009 I began writing checks consistently, year-in and year-out. I had realized that I didn’t have it within me to be as good of a player as many of them did but I had the skills to help as mentor, coach, friend, sparing partner and patient capital provider. So now our collective companies are worth less. It’s just not me.

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Every Startup Goes Through Distinctive Funding Phases

Startup Professionals Musings

The first step toward a business with any idea is to write it down, and build a business plan around it. Usually these will not give you money, but will provide inexpensive expert mentoring and office services. Sometimes these will ask for 5%-15% of your equity for their support services.

Startup 122
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Early stage money: The problem with PPMs

Berkonomics

Bill Payne has been actively involved in angel investing since 1980, funding over 50 companies and mentoring over 100 more. The sale of equity in private companies is regulated by the Securities Act of 1933, which requires that the company either register with the SEC or meet one of several exemptions (Regulation D).

Writing 199
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How To Find Support Resources For Your Startup Stage

Startup Professionals Musings

The first step toward a business with any idea is to write it down, and build a business plan around it. Usually these will not give you money, but will provide inexpensive expert mentoring and office services. Sometimes these will ask for 5%-15% of your equity for their support services.

Resource 171
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One Man’s Signal is Another Man’s Noise

Both Sides of the Table

I’m sitting at my computer now at 9.00pm writing this – which is an hour earlier than I normally write (there are about 8 women at my kitchen table having a book club (aka excuse to drink wine & gossip so I’m locked in another room writing. They could chat about it with their peers or mentors.

Email 287
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Funding Alternatives Change As Your New Venture Grows

Startup Professionals Musings

The first step toward a business with any idea is to write it down, and build a business plan around it. Usually these will not give you money, but will provide inexpensive expert mentoring and office services. Sometimes these will ask for 5%-15% of your equity for their support services.

Funding 94
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7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Based on my experience as an angel investor and a mentor to dozens of entrepreneurs, having no business plan is the quickest way to define yourself as just a dreamer, or at best a hobbyist. When sizing your funding request, be aware of the value of your startup today, since most investors expect an equity share for their contributions.

Startup 65