A startup is more than an early stage company. It’s a small operation reaching for something big; an innovation ready to explode. If this sounds like your business, learn some of the latest startup lingo to help you in the early funding stages.
One of the most anticipated tech conferences of the year, TechCrunch Disrupt brings together the greatest minds in tech. At this year’s conference, a group of GA Web Development Immersive alumni took home an award for Best CrunchBase App at Disrupt NY Hackathon. Teammates Kevin McAlear, Tahira Adaya, Kirsten Doyne, Ilias Tsangaris, and Zack Stayman came together to develop their skills and have a “fun, nerdy weekend with friends.”
Gal Josefsberg is the VP of Product Development at SocialChorus and instructor at GA in San Francisco. In this blog, Gal describes the changes in fundraising needs throughout the years and how you can get your startup off the ground without VC buy-in.
Back In My Day…
I started my career in 1997. Back then, the internet boom was just starting out and companies were launching into insane valuations over night. It seemed like everyone was putting together a new site and then going IPO for hundreds of millions of dollars. Of course, we all know how that ended. The bubble burst and websites like eToys, pets.com and others lost their insane valuations just as fast as they earned them. However, what few people remember about that age is that simple sites (and they were very simple back then) like eToys and pets.com needed millions of dollars to get off the ground.
Are you using AngelList to its full potential? Ash Fontana, Head of Fundraising at AngelList, recently stopped by GA to share best practices for connecting with investors on the site. Some of the key takeaways are listed below. For more details and examples of best practices, watch Ash’s talk here.
1. Build a Good Profile
Fill in as much information as you can. AngelList was designed to eliminate any possible mistakes being made on your end; like presenting information illegally or making it difficult for investors to digest your profile. There are convenient tips listed in each field you need to fill out — read them all. Lastly, don’t use fluffy language. Stick to the facts and state your credentials clearly.