Hi, The first step to getting the right feedback for your pitch is to find the people who you think are qualified to comment in the field. In terms of expertise, you should look for these: -Previous experience / involvement in startups -Experience or involvement in VC's or Seed Funds -A startup ...
Always look for the free avenues first before putting down any dollars as you are running lean as it is. Look to on-line forums, groups in your target market that are discussing the subject area and begin engaging and sharing insights to show credibility for your offering. As you move forward, be...
Standard here is 1% with a 12 month vest, assuming the kind of involvement you're describing. message me your email on Clarity and I'll send you the standard docs which also spell out involvement. I've answered this exact question before so I would suggest to all new Clarity members that you ...
Hire an independent valuator. In the case of US companies, a 409A valuation has to occur at every priced financing round, so if you've had one done, that would serve as guide. But you might not even have the right to sell your shares. Your shares should be subjected to vesting and your volunta...
Having done over 35 different financing rounds over 7 companies I've built in Silicon Valley - you should be giving up 15%-25% dilution in each round with a plan to never raise beyond a Series-C. Investors get equity for money invested, don't start doing "special deals" or it could poison the we...
Avoid buzzwords: - every founder thinks their idea is disruptive/revolutionary - every founder says their financial projections are conservative Instead: - explain your validation & customer traction - explain the assumptions underlying your projections Avoid: - focusing extensively on the prod...
Generally speaking, Yes. I say this for a couple primary reasons. 1) If you do not place value in your product, why should the customer? And if you are not charging for it you are not placing value on it. 2) the customer will be more "invested" in the success of something that has cost them s...
Typically Apple and Google will consider coins and credits a type of digital currency. Under their terms and services these types of products in an application must be transacted through the AppStore and Play Store so they get the 30% cut. When I worked for Groupon, building their Android appli...
If you mean in Clarity then contact support from your profile dropdown. If you mean in a product you are creating (as this question if filed under 'Startup Consulting') then most definitely yes. As this is a complex area when requirements gathering, I setting up a call with me. I help software ...
Passion may open the door to excitement but skills make it an actively revolving door where value in service or product is exchanged for valuable currency. Skills can trump passion unless you're very skilled at what your passionate about. Some questions may want to be considered when considerin...