Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Alternative Sources of Funding | Charlie Kiser

735 views

Published on

Charlie Kiser presented at the Washington, DC Economic Partnership's (WDCEP) & Small Business Administration's (SBA) Alternative Sources of Funding event held on September 26, 2013. Mr. Kiser presented on the cycle of fund raising (bootstrapping & venture capital), incubators & accelerator and resources for technology companies.

Published in: Business, Economy & Finance
  • Be the first to comment

Alternative Sources of Funding | Charlie Kiser

  1. 1. FinancingYour IdeaFinancingYour Idea Charlie Kiser Chief Reality Officer SellStrategy Consulting
  2. 2. SummarySummary Cycle of Fund Raising Types of Fundable Businesses  Who are the Investors? Trends In Early Stage Financing State Initiatives How do I get started? Startup Resources
  3. 3. Cycle of Fund RaisingCycle of Fund Raising Bootstrap – Self Funded $5-50K Friends and Family - $25-100K Seed Stage/Angel Investors - $50-250K ◦ Incubator/Accelerator $25-50K “A Round”Venture Capital – $300-2mm “B Round/Follow On”Venture Syndicate - $2mm-5mm “C Round” $10mm-50mm, (Revolution) Exit – IPO, Acquisition
  4. 4. Types of Fundable BusinessesTypes of Fundable Businesses Disruptive ideas that address a scalable market and have global impact or reach Ideas that challenge existing structure that has been resistant to change Health IT, Education, Policy/Politics, Cloud Big Data, Security NOT Fundable – Lifestyle Business- Salon, Retail, Coffee Shop, Food Truck, Services, Staffing.
  5. 5. Who are the Investors?Who are the Investors? Angel InvestorsAngel Investors Interested in Ideas they are familiar with Like to Invest where they also add value Often have sold business but are in holding pattern Will come in after Lead Investor has issued term sheet Where are they? Dingman Center, Pitch Events,Tech Meetups etc.
  6. 6. Who are the Investors?Who are the Investors? Incubator/AcceleratorIncubator/Accelerator Offer mentorship and hands on assistance Provide $25-50K in exchange for < 10% stake in business Require a 2-6 month commitment on site Some fee for space usage Work to help build team and get traction Promote to otherVCs Good for inexperienced startups Acceleprise, Fishbowl Labs,The Fort, 1776
  7. 7. Who are the Investors?Who are the Investors? Venture CapitalVenture Capital Interested in Team, Product and Market Want to be the “first mover” Work with otherVC’s to arrange syndicate Offer firstValuation of your business Grotech, CORE, Revolution, In-Q-Tel, Valhalla, New Markets, NEA
  8. 8. Trends In Early Stage FinancingTrends In Early Stage Financing TraditionalVenture Cap is changing Angel Investors taking larger roles Cost of development is shrinking JOBS Act opening door to crowdfunding, general solicitation and potential access to public markets Incubator/Accelerator Overload
  9. 9. State InitiativesState Initiatives ◦CIT Gap Funds- ◦State Initiative fundingVA based startups- Act as Angel andVC ◦Jennifer Daniels ◦InvestMaryland ◦Raised $84 MM for MD based startups. LeveragingVC’s and state agencies to disperse funds
  10. 10. How do I get started?How do I get started? Exercise your Idea Develop prototype product or service Find initial traction – “Ties for Rent” ITERATE Share your idea- harness the “human cloud” Pitch Quit your job, commit and don’t look back!
  11. 11. ResourcesResources www.fosterly.com - Adam Zuckerman Dc Tech Meetup – Peter Corbett Tech Cocktail tech.co – Frank Gruber TechCrunch Mashable Angel.co, AngeList Paul Singh, Jonathon Perrelli, Evan Burfield, Glen Hellman
  12. 12. Charlie Kiser sellstrategy@gmail.com @charliekiser

×