by RJ Shara | Aug 27, 2021 | Startups
Building relationships with possible financiers needs you to think less like a creator and more like a marketer– much of the legwork comes long before it’s time to request for a commitment. Most founders fall into an exceptionally typical trap: Simply due to the fact that you produced impressive outcomes for the last round of financiers does not mean brand-new investors will believe you. If a financier has actually made a deal in your space, there’s an excellent chance they understand an earlier-round financier who might potentially be a great fit for you today. Considering that your relationship-builder pre-pitch does not have millions on the line, you’ll invariably be less anxious, which leads to better relationships. State it up front that you’re seeking a relationship and desire to discover out if you could eventually be an excellent fit for one another. …
by RJ Shara | Jun 9, 2021 | Startups
The logistics of setting up a start-up should be easy, due to the fact that over the long term, complicated equity setups and cap tables cost more money in legal fees and administration time. You need to identify how you desire to split the equity between the founders. There is no standard for doing so– some founders divided shares similarly, while others do 49/51 splits for control. At the end of the day, a great equity split is one that all creators find fair. 
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by RJ Shara | Mar 19, 2021 | Startups
It took Christine Tao, creator of Sounding Board, simply over 3 years to recognize the value of executive training and get her company to a Series A. Here’s how she did it. Prior to that, Tao discovered herself in a new high-powered position at the mobile advertising company Tapjoy. Later on, Tao and Mazan teamed up to release Sounding Board, a service with an exclusive algorithm that matches individuals with coaches. At the start, Tao didn’t have numerous resources. The issue was, Tao didn’t rather have the resources to get begun. 
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