It depends on what stage of the discussion you are with investors. If it is the first meeting, they are not interested in the details. At that stage they are keen to understand the team, the business overview, your aspirations and plans to meet those aspirations, the market potential, your view of the opportunity, the … Continue reading How much detail do VCs want to see in the business plan of your startup?
A business plan is a ‘Plan for your Business’. It is not a document that you make for the investors. It is a document that you should prepare for yourself. Writing down your business plan helps you think through the assumptions clearly, and often writing helps you identify impracticalities in the through process. Yes, for investor … Continue reading What is a business plan of a startup?
Companies with a healthy relationship with their investors are happier companies. Unhealthy relationship between investors and founders can be quite stressful. That’s why it is critical for startups and their investors to work as a team and be on one side of the table. While some responsibility of ensuring a healthy relationship is obviously with … Continue reading Managing investor relationships of your startup…
At the early-stage/concept stage, there is no formula or logical way to arrive at a valuation. Valuation for startups is a figure that is decided between the investor and the entrepreneur. Hence, you go by generally accepted benchmarks in your country, and eventually conclude a deal at what the entrepreneur and investor feel is a … Continue reading How is the valuation decided for a startup?
Apart from individuals who invest in startups, many angel investors are part of an angel investor network. Angel networks help angel investor members co-invest in startups that have been shortlisted. Often, angel investors invest in sectors they are passionate about, and therefore bring invaluable experience to the startup through their participation as advisors and/or board … Continue reading How to find the right angel investors for your startup?
Obviously, this depends on the nature of the business, what is required to be done, your and your team’s capabilities, the competition, etc. There is no one ‘correct number’ on the investment required as that number would be different not just for different businesses but also would be different for different execution strategies for the … Continue reading How much money should you raise for starting up?
An elevator pitch is what you describe about your venture in a 1 – 2 minute window. The pitch could be to a potential investor, or even a potential client/ partner/ employee. The purpose of an elevator pitch to an investor is to excite him or her about THE CONCEPT AS WELL AS THE BUSINESS … Continue reading How to write a powerful elevator pitch…