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What’s the minimum information to give your investors?

Berkonomics

On the other side, entrepreneurs and CEO’s usually have a natural fear of giving too much information to us investors after the initial investment is received. Requirements created by investment documents. This could include the need for audited financials, monthly financial and narrative reporting and more.

Class 120
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10 Business Model Components Required In Every Plan

Startup Professionals Musings

There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green,” or because their goal is to reduce world hunger. Test your projections against actual published reports from similar companies. What is the need you fill or problem you solve?

Sales 102
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How much information do you give to investors?

Berkonomics

There is a natural fear of giving too much information to investors after the initial investment is received. These could include the need for audited financials, monthly financial and narrative reporting and more.

Class 202
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Another personal story: Timing is everything in a sale.

Berkonomics

After presenting a “state of the company” report at a national meeting of resellers for a company where I sat on the board, I was approached by one of the audience members, complimenting my presentation and stating, “I have a problem. Within three months, we easily obtained $3 million of investment at a pre-money valuation of $30 million.

Sales 120
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Interview with Wil Schroter, Fundable

socalTECH

First, which is the most important and gets least reported on, is lots of people can now publicly say they're raising money, and on what terms. Pebblewatch is a great example of a company, which had a need for customer capital, and not venture capital. The JOBS Act did two important things. It removed the ban on venture solicitation.

Startup 223
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Timing is everything in a sale of a business.

Berkonomics

After presenting a “state of the company” report at a national meeting of resellers for a company where I sat on the board, I was approached by one of the audience members, complimenting my presentation and stating, “I have a problem. Within three months, we easily obtained $3 million of investment at a pre-money valuation of $30 million.

Sales 149
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Test Your Business Model Against These 10 Elements

Startup Professionals Musings

There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green, or because their goal is to reduce world hunger. Test your projections against actual published reports from similar companies. What is the need you fill or problem you solve?

Sales 97