For start-ups looking to grow (and which ones aren’t?), getting the first term sheet can be a critical milestone in nurturing a successful business. In this post, we are going to take a look at the contents of a standard agreement, variations, and common pitfalls. We are going to keep it simple here and literally stick to the ABCs. Things to keep in mind: Anticipate investors’ concerns and information requirements; Be aware of the pitfalls; remember that all agreements are Conditional, with the terms subject to change.
Earlier this week, we gave a comprehensive breakdown of the 29 companies with a preview of Batch 8 Demo Day. Today, we’ll be presenting our favorite ten of the day in ABC order. Bear in mind, we’re going to keep the financial specs under wraps (just tiny hints), but overall, Batch 8 performed very strongly across the board.
We cover a lot of ground on multiple topics including Chance’s inspirations behind the company, what the JOBS Act means for startups, and what role Crowdfunder plays. And for the entrepreneurs who have tuned in, he also gives some insights into best practices for those looking to raise cash, so you don’t want to miss out!
For top tier programs, there is a compelling combination of promise and mystique that creates a unique drive for entrepreneurs, who once accepted, become ready to put life circumstances on hold during program durations to grow their startups. The difference here, is the quick injection of capital and guidance to create bullet train-like growth.
AssetAvenue, a new and exciting real estate crowdfunding company, has acquired a new asset, Adam Chapnick. If you already heard of the name, then you already know why the acquisition is such a big deal. If Adam Chapnick does not ring a bell, then his work at Indiegogo will say it all. The importance of Adam in Indiegogo was invaluable. Adam is the very mind behind many of the business developments and the growth of Indiegogo into one of the most premier crowdfunding platforms.
On June 26th, join us, and learn about the world of wearables. The evening will begin with a wearable panel composed of the industry’s thought leaders, followed by a FREE cocktail mixer, where we will have a variety of gadgets on hand for attendees to experience some of the newest in hardware. Including wearables, gaming, smartphones, home and the car.
Today, we’re featuring The SunJack. Homegrown in our backyard by Southern California based Go Green Solar, SunJack promises to deliver personal solar energy to consumers in a portable package. Recently, they launched a Kickstarter video to fund their first production run of the powerful notebook sized solar charger.