The Executive Summary
Monday, May 31st, 2010A great way to layout your Executive Summary, this is the format that the people over at AngelSoft use. It is a CLEAN format that gets all good points across:
A great way to layout your Executive Summary, this is the format that the people over at AngelSoft use. It is a CLEAN format that gets all good points across:
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 intesting info on term sheets:
Some terms you should know about term sheets:
Types of investments an investor will make:
Below are some great active communities on asking and getting answers to startup questions.
A very in dept look into mint.com
|
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, an investor whom we had the honor to chat with: |
|
Tokumbo Shobowale, Chief Operating Officer of the New York City Economic Development Corporation: |
|
Darren Herman, entrepreneur and digital media evangelist: |
|
Sanford Dickert, a social-media consultant: |
|
Bruce Niswander, an entrepreneur and consultant with over 20 years of experience: |
|
Rachel Sterne, CEO of GroundReport.com: |
DrChrono.com was featured in an online article for Inc. magazine. Read the full article on their website:
http://inc.com/news/articles/2009/03/layoff.html
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
A great video on the Diggs co-founder Kevin Rose, a look into a successful startup company: