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 MoreHow to Contact An Investor
There are a few ways to contact investors. I believe the best way to do this is to find someone who can make a warm introduction for you via email. Then taking it from there. If you can find someone that you know who knows the investor. Sending an email without knowing an investor before hand is hard because investors get 100′s of email a day from potentail companies to invest in. Listening...
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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 MoreNYC Venture Capital Office Hours
Here is a great list of VC office hours (This is a repost from bronson.vc.) Rolling Nate Westheimer (NYTM Organizer, Flybridge Capital Advisor) has been holding weekly office hours for some time (Fridays 11:00-12:30). Rose Tech Ventures holds weekly office hours (Wednesdays 4:00-5:00pm). David B. Lerner (Director Columbia Technology Ventures) holds Office hours for people associated with...
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My name is Daniel. I’m an entrepreneur, hacker and cofounder of drchrono. drchrono is a medical platform for doctors.
