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.
Today, there are many companies competing for innovation in the field of wearable tech. Smartphones, tablets, and computers have advanced rapidly, but it looks like the future lies in wearable smart devices. Not only can wearable technology make our lives easier, but it can also help to make the lives of many with illnesses or disabilities more comfortable and productive. Let’s take a look at a few of the most anticipated smart devices changing the way we use technology.