Startup founders looking to raise funds are always skeptical regarding the value of the equity they are looking to offer, and the value that an investor will place on the same amount of equity. Some startups value their equity at a much higher rate than what is acceptable, whereas some are willing to sell equity at a much cheaper rate than the actual value.
This is where ZOPA — the zone of possible agreement, comes into the picture. The zone of possible agreement is the bargaining range in a negotiation where two or more parties can find a common ground.
In these instances, a deal can or cannot be reached unless one or both parties are willing to adjust their view of what is acceptable. …
Gold prices have risen more than 25% in the first seven months of 2020. Domestic gold prices have gone up by almost 40%. Gold has outperformed almost all of the other major asset classes. It is for this reason that gold is sometimes referred to as a crisis commodity.
Gold prices have seen the largest jump during the current crisis as compared to other crisis-driven gold rallies like the 9/11 terror attack and the global financial crisis in 2008.
Investment in Gold is one of the most convenient methods of saving for a lot of non-traditional investors with little knowledge of different investment vehicles. …
Pivot! Pivot! Pivot!
You must be thinking of that Friends episode where Ross, while moving his new sofa up the stairs, gets stuck at the landing and screams “pivot” at Rachel and Chandler who were helping him!
But no, for entrepreneurs pivot means a great deal more.
Pivoting is basically shifting to or adopting a new strategy to adapt with the current times or circumstances. While in certain cases, it can be a complete overhaul of strategy, it may also be changing just certain aspects of it, which needs to be addressed immediately.
The pandemic has affected almost all businesses, to varying extents, many have had to rethink their business…