StartUpNetwork. Where StartUps Start Up!
- Powerful process.
- All the Prospects.
- Cap Table Money.
- Who's Got What?
- How Long WIll It Take?
- Rate Your Deal.
- Match Your Deal.
- Understand Your Deal.
quickly organize, schedule, meet, and communciate uniformily to angel and venture capital prospects, forecast equity amounts and the time to get it. watch the cap table effect on you, your team, and stockholders. access fundraising activities anywhere in the world, 24/7. your team and advisors can login, view, and contribute their progress too. end confusion, get the cash!
All the Prospects.
Get the real view you can use every day to get funding. Even if you keep it on a napkin you have to be constantly calculating what might come in when. There's a simple way to do it so much better - intersect the steps investors take before they write the check & how much time each step takes. Then track prospects along with their min & max investment amounts and shazam - there's a forecast. Every day. No back talk. No complaints. Use the forecast. Get the symphony of detail the crescendo of summary!
Cap Table Money.
Automate. There's a lot to keep on top of with a cap table - and there's those pesky circular references from excel! Pain in the butt. Well here's a tool that takes care of all of that stuff. And as you add stockholders, rounds, projected rounds, the cap table responds. Do what ifs and see various exit scenarios and yields to various constituents. And don't forget who's numero uno! Calculate and track. All the cap table elements you need.
Who's Got What?
Every round has a value, an ownership percentage, number of shares, and the price at which they were bought. Now once you get all of that you have the ownership per-cent of the team members & each investor, and of course you need to have the cumulative number of shares of all of the team & each of the investors too! Lot of work... Lotta work!
How Long Will It Take?
Most people don't realize what it will take to raise money. There's all sorts of stories out there. But in general if you use simple science magnitude starts to have some sort of accuracy. For instance tomorrow on friday is four days include fri.,sat.,sun.,mon. Anything that is signed takes a minimum of two days. A meeting takes week from pursuit to reality - minimum.
Sending an email for review with content of any importance is two-three days before the first response. So if you think through the steps you have to execute, attach some realistic time, focus on a type of investor rather than all of them - you'll end up with a realistic schedule of what it will take.
Measure Your Deal.
You know every contact that has the ability to fund your startup is going to measure a bunch of things about you and your company. See at least 50 questions you need to know the answers to. And although many of the questions are qualitative they are going to be quantified. And yes you will end up with something like a viz. So get vizzed! You do it when you want - play with the sliders & see what they're thinking! It's good. Do it.
Match Your Deal.
It's easy and it's the way you should do it too. So take a look and see what your vizz iz! There are seven categories in the viz - the business, the market, growth, barriers to others, your progress, investor returns, and you and the team.
Understand Your Deal.
Each category is weighted into a secret sauce revealed here. Then you provide you measurement 1-100 with 100 the best - of course (duh!). See your vizz & the financing category you achieved and how much capital that provides.