On the 28th of May 2014, the Corporations and Markets Advisory Commission (CAMAC) hands to government its policy opinion on Crowd Sourced Equity Funding (CSEF).
What happens next is likely to be nothing (but possibly interesting).
There are a few options from here.The government takes the policy opinion as writ and starts the process of enacting legislation. However, given the current horse-trading and issues with the budgetary legislation the government is trying to get through, the swift introduction of new legislation seems unlikely. The government takes the policy opinion as being in the “too hard” basket or “too risky” basket and shelves it. Essentially [...]
Photo by EWFTT
There is a fundamental paradox in the startup world: A lot more founders try to raise money than successfully do. But for those that do, they raise on incredibly friendly valuation terms relative to other areas of the business world. The reason is growth and it’s useful to apply the metaphors of physics to understand why. For those tl;dr read Paul Graham’s essay on growth.
One of the most unanswerable questions I get as investor is “what do my metrics need to be to raise a series A”. I can give a guide on numbers but the reality is that the static one dimensional numbers ($100k MRR, 1m MAU or whatever the most important metric for the business is) are [...]
Inna Efimchik is a Partner at White Summers Caffee & James LLP a Silicon Valley & San Francisco based Law Firm and specializes in assisting emerging technology companies in Silicon Valley and entrepreneurs seeking to establish themselves in the Bay Area. Inna can help with incorporation, financing, and licensing services as well as general corporate counseling.
If you are traveling to the Silicon Valley to raise capital for your startup from abroad, you can save yourself a lot of time and make the trip more efficient by preparing thoroughly and doing your homework before the trip.
Inna offers a free 1/2 hour [...]
Andy Tompkins and Bryan Vadas are the founders of the iPledg.com Crowdfunding platform.
iPledg is serious about helping the Tech and Startup sectors get the seed funding they need. As a special offer to Startup88.com readers iPledg are wiping their fees for projects listed before December 31st 2013. Simply go to www.ipledg.com , sign up, login, create and submit your campaign then email us at email@example.com to ensure we wipe our fees for your campaign. Good Luck!!
The numbers are out, surprisingly only 24% of start-ups seek external funding from [...]