Free Lunch Friday Notes August 6th 2010
NYCSeed‘s managing director Owen Davis came by the Rose Tech Incubator this week to give a talk on what investors look for in startup’s. Some of the key points Owen mentioned that I took away from the talk are below. (NYCSeed only invests in the 5 NY borrows). FUNDING CRITERIA To anyone doing a startup, “Time matters”. Owen mentioned that committing large amounts of time...
Read MoreDavid S. Rose on pitching to VCs
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Read MoreTerm Sheet
If you build a company, when negotiations happen an angel investor or a VC might want to write you a check for a percentage of your company. Generally an investor will pass you a term sheet, this is something that is non binding but is a layout of how the company will change, what the investor expects and if it is a good term sheet will motivate the startup team to progress the company. Some more...
Read MoreBootUpNYC 2009
Michael and I went to BootUpNYC 2009, it was a great experience, we met a number of great people doing startups and looking to do startups. There were investors, workspace providers and people providing advice. The BootUpNYC is a must for anyone starting and running a business. Photos of the night: Michael and I at the BootUp, me on the left and Michael on the right: David Rose,...
Read MoreRecommended Entrepreneur Podcast Listening
There are tons of great resources out there for startups, podcasts being one, I highly recommend listening to the following: The Startup Success Podcast, Sramana Mitra and Bootstrapping
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My name is Daniel. I’m an entrepreneur, hacker and cofounder of drchrono. drchrono is a medical platform for doctors.
