A11 b. When you do raise equity financing, look for entrepreneur-minded investors who believe in your vision and aren’t afraid to take risks with you. Both our Angel investors and 43North were absolutely fantastic in how well they guided, promoted, and connected us. #StartupChats
A11 a. Look for non-equity financing first so that you can establish as much traction as possible before you look for equity financing. For example, check out the Canada Media Fund - Experimental Stream program if you have interactive projects. #StartupChats
A9. Communication with your investors is so important. Whether they’re hands-on and you’re in frequent contact, or whether you just have monthly board meetings, make sure to keep your investors updated on your progress and financials, and get their advice. #StartupChats
A6. A good investor won’t just be an ATM. They’ll introduce you to new clients and partners, to talent that you might hire, and to other investors who can invest in the future. And they'll give you invaluable advice on everything from contracts to overall strategy. #StartupChats
A5. It’s about finding the right balance between giving the investor enough potential return for their risk, and keeping the founders’ skin in the game. You don’t want to lose motivation because you no longer have enough of a stake in your startup’s success. #StartupChats
A4. This really depends on the investor, their industry, and stage focus. But overall, be ready to show some real traction (product, customers, revenue, etc.) Have a well-rounded team and a strategy for how you’ll use the capital. Oh, and huge growth potential ;) #StartupChats
A3 Depending on the stage, there are many forms of equity investors. Pre-seed: friends and family. Seed: Angels, Series: VC/Institutional #startupchats
A2. Pros: a capital injection to help you grow, advisory relationships with experienced mentors, connections to clients and partners, potential future financing rounds, and opportunities for much higher returns. Cons: loss of control and potential conflict. #StartupChats
How to engage investors to grow your company? Join #StartupChats w/ @SatyaOrganic to learn about How to Raise Equity Finance on Aug 1, 2018! https://t.co/e4qEANs8kS
Great to see Stuart Browne of Pycap Ventures again! Stuart was one of the judges of The Next Biggest Winner, a tv show we were on many years ago! https://t.co/DSgAFmDKbx