Lean Start-up Lab

1. THE LEAN STARTUP LAB
Angela Hood, ThisWay Global founder/CEO
Hr

2. Trending
To pre-sell rather than raise
funds. Easier for lifestyle
businesses. Startups looking to
scale…very difficult.

3. Buses
What happens when
you are hit by one?

4. Time
Once you start, you will be
raising funds EVERY day for
the forseeable future
(years, not months).

5. Duration
Average A-round takes two
years to raise and here’s
why…

6. Growth
If you are growing fast,
your round size changes
DURING the raise.

7. Valuation
This means your valuation
is also changing.

8. Basis for Valuation
1. Simple Cap Table
2. Strong Team
3. Intellectual Property
4. Scalable Go To Market

9. Cap Table
Higher number of investors
= Lower success rate