When I meet first-time entrepreneurs, almost every initial conversation eventually turns to “How and where do I look for angel investors”? This process is especially arduous for female founders. In 2018, Fortune magazine reported that only 2.2 percent of all venture capital funding in the U.S. went to companies founded…

Crowdfunding has become a very popular way to raise money among startups. In 2017, 17.2B was raised via crowdfunding campaigns in the U.S. alone. Business.org lists best crowdfunding sites with detailed comparative statistics and is a great resource for beginners. In this article and corresponding video, we discuss two types…

The Startup Station was created to help you model ventures with no financial history. In this article and corresponding video, we discuss our approach in more detail. Why is it so hard to create assumptions for early-stage ventures? Modeling an early-stage venture is especially hard because there is no baseline…

When we think about startup financial issues, we usually refer to funding. However, instead of focusing on funding, which is the outcome, we suggest to focus on the underlying reason which causes a startup to run out of money prematurely. That reason is improper budgeting. In this article and corresponding…

Should You Have Them All? Nowadays, it is hard to be in the startup world and not hear the buzz words: blockchain, artificial intelligence, and big data. …

The first taste of success is exhilarating. All the hard work is finally paying off. Your vision, meticulously planned out and deftly executed, is coming to fruition. A product you created from nothing is being used and liked by your customers. …

Many founders often ask me how much money they should raise — especially when it comes to their first funding round. Should they aim to cover three, six, twelve, or eighteen months of operations? Unfortunately, there is no silver bullet. The rule of thumb is that you should raise enough…

To determine the size of your financing round, not only do you have to consider the length of time for which you are raising capital, but to also figure out which costs you should and should not include. In this article, and the corresponding video, we discuss how to properly…

For any early-stage startup founder, there are several key moments that mark the trajectory of the company’s growth and serve as a testament to the founding team’s hard work. To name a few, there are the MPV launch, your first customer, and, of course, your first term sheet. Raising money…