Who Should Raise $1M? Fewer than you think.
When I hear that a startup is raising $1M for their first non-friends-and-family round, my immediate thought is, "Oh, so you didn't actually think about how much you should raise." Of course, this is a ridiculous thing to think, given that I don't actually know how the founder landed on the (magical) $1M number. [...]
Half a round? Try half a bridge
It is not uncommon for a startup to raise less than the full amount of capital they set out to raise originally. This has some obvious implications, but there are also some less obvious ones that I see many startup founders missing. When an investor commits, they are committing with the expectation that the [...]
Featured Member: Elisabeth Gosselin of Paralog
Elisabeth Gosselin, CEO and Cofounder of ParalogWhich is your home chapter?Seattle chapter, but from Montreal.What is your company?Paralog is an AI tool with no code solution to automate the production of NPC behavior for video game studios.What were you doing before you started working on your company?I was Manager of Artificial Intelligence Training Programs at [...]
Featured Member: Joy Hoover of Esōes Cosmetics
Joy Hoover Which is your home chapter? Las Vegas What is your company? Esōes Cosmetics is the first patent-issued smart safety cosmetics. What does that mean? We are combining science, technology, and beauty to create a lipstick and other cosmetics that could save your life. What were you doing before you started working on [...]
Featured Member: Diana Tan of Brief
Diana Tan Which is your home chapter? Seattle Describe what your company does in 25 words or less. Brief helps emerging startups and businesses understand contracts, fast. Why does the world need your company? Because opportunities are disproportionately divided against those understand their rights, risks and obligations and those who don't. If you were [...]