Pixable has developed an application to find and categorize photos shared on a user’s social networks. The company has closed $3,600,000 of new venture capital funding after raising $2,500,000 in 2010.
A startup company that provides web-based tools for simplifying hiring of new employees has raised $100,000 of seed money. The Resumator has a system for helping businesses recruit, track, and select prospective employees. The new funding follows the company’s launch from a tech incubator environment, which has supplied the funding.
The customary pitch to angel investors involves disclosure about the company’s product, management, marketing strategy, industry competitors, and financial projections. All the while, investors are wondering if you will lose their money by failing to find customers.
Fabricly is a company that intends to use the $400,000 of seed capital it raised to expand its offerings of a basic product sold with an innovative marketing approach. The startup was initially founded within an entrepreneurial incubator.
The biggest roadblock to an entrepreneur launch of a new corporation is determining how much money is needed. Startup capital is easy to underestimate. But this should not deter you from moving forward with your venture if you follow these basic rules.
Attending local entrepreneurship events was effective for a startup company to network with influential individuals. The anonymous California business was able to schedule meetings with 35 investors in 60 days that raised $75,000.
There are plenty of “to do” lists for attracting angel investors. Let’s examine a few of the “to don’ts”—the situations that lead angels to remove a company for investment consideration.
Investors in qualifying businesses are entitled to special tax benefits. The tax incentives present an advantage for individual investors to provide companies with new long-term capital investment.