Startups aren’t only for tech. Scaling is allied to many other industries
Startups aren’t only for tech. Scaling is allied to many other industries
It’s not feasible. You will have to either give cash or a bunch of equity.
This is a big opportunity. He’s not declaring bankruptcy personally just in one of the ventures? I’ve seen serial entrepreneurs silo their ventures and if one of them go down it’s a cost of doing business.
Not to bring politics up but trump had something like 508 corporations and declared bankruptcy in 4 or 5 of them.
Look into the partners batting average in business.
But simply he’s established with financing and a network and your 20 young and hungry. Leverage what he has
Crowdfunding is pretty good for awareness. I’ve seen many raises crowdfund pre-ipo and that round did wonders on the awareness side and ultimately helped them in the first few months of trading.
Nothing, get to work.
That’s what I mean. I’ve been a part of over hundreds of raises both public and private. Finders is not unusual to be paid and is very common. Many people build strategies around them to align strategic people early on.
If I placed 1M from my network into a startup that wasn’t mine, there’s no way I’m leaving 80-100k on the table. Many businesses will try to pay as much of it in shares rather than cash.
I don’t think you’ve been around the block enough if you believe this
Don’t listen to the majority of posts here. Finders fees are the norm and I wouldn’t give him alot. He can’t expect the split in perpetuity. What if there’s a raise 5 years after the intro, 10 years.
Take this one yourself or if you feel bad, give him a token of goodwill but by all means take the lionsshare for yourself
Get out of doing other peoples startups and create your own
Doesn’t need a new business model to be a startup l. And it’s refreshing to hear someone not talk about yet another another cash burning tech co approaching their “MVP”.
Language schools will be a lot of referrals. You also want to build a community behind your program. Pub nights, activities, people will want to meet other foreigners and expats
Do a lot of Guerilla marketing across Facebook, Reddit, there is many expat groups online
Not enough info to go off of but I would like to see product or revenues. If it’s pre revenue and pre product. It’s just an idea
Not enough info to go off of but I would like to see product or revenues. If it’s pre revenue and pre product. It’s just an idea
RSUs with vesting periods And tied to performance PSUs. Too many advisors and consultants with cheap paper hurt the share price when you get to ipo stage.
Just try to push your products aggressively. It may be effective or it may not. If it’s effective and draws the attention of another firm then you are doing something right. If in the rare chance they object, it will be in the form of a cease and desist letter first. Move fast and break things
In my industry cold outreach is pretty common. Sometimes there is industry events surrounding something related to your field. Webinars or industry meetups etc, those will usually have the attendee list which is good for leads.
Lots of LinkedIn DMs will help. Probably more so than email. But try all of the above. How many people do you currently reach out to daily/weekly?
Utilize LinkedIn groups as well for targeting
Do you have their emails? You can input them into Facebook ads to target them