Download to read offline
Uploaded byTudor Ice Company
Boostrapping and Fundraising - Founder's Institute
This document discusses various methods for bootstrapping and fundraising for a startup, including bootstrapping, friends and family funding, angel investors, venture capitalists, and banks. It provides advantages and disadvantages of bootstrapping, requirements for pitching to angels like projections and an MVP, differences between angels and VCs, and the importance of establishing milestones and an exit strategy. Contact information is provided for further resources.
More Related Content
Similar to Boostrapping and Fundraising - Founder's Institute
Boostrapping and Fundraising - Founder's Institute
- 1. Bootstrapping & Fundraising The FounderInstitute Presented by: Nestor Villalobos
- 2.
- 3. 1. Bootstrapping Advantages •Min EquitySacrifice •Liability to Others •100% Dedicated to Biz •Spend Wisely •Customer Focus Disadvantages •Growth Speed •Outside Help •Personal Risk •Competition •Compensation
- 4. 2. Friends &Family • Just ASK!!! • Have a Biz Plan/Exec Sum • Thanksgiving Dinner (Risk) • Well Documented (Contracts) • Create a Email Distribution List
- 5. 3. Angels Requirements •Projections, PitchDeck •Business Plan/Exec Sum. •Skin in the Game •Experienced Management •Minimum Viable Product •Revenue or Rev. Potential •Coachability
- 6. 3. Angels (cont.) Developa Network •Create an Investor Database •Conferences and Events •LinkedIn •Referrals •Articles •Online Sites (Angel.co, Gust)
- 7. 4. Venture Capitalists •Next Stage after Angels • Will Look for at Least $1m in Sales • High Equity Stake • Start Networking @ Startup Stage • Average Deal > $15M
- 8. 5. Banks • LastStage of Investment • Low Risk Tolerance • High Collateral Requirements • Personal Guarantees • Requires a Track Record • Credit Rating Requirements
- 9. Exit Strategy • KnowYour Exit Strategy • Sale of the Business or IPO • Investors Want a ROI • 3 - 6 Year Holding Period • Angels Expect 10x+ Returns
- 10. Milestones • MVP • BetaTest • Time • Revenue • Profit • Growth Rates
- 11. Milestones (cont.) How toChoose Milestones •Ask your Investors! •Use your Gut •Brainstorm •Based on Projections
- 12. Contact Information Nestor Villalobos nes@nestorv.com www.nestorv.com(LinkedIn) www.nestorvillalobos.com (Blog)