The evening of Wednesday, March 10, the Silicon Valley Association of Startup Entrepreneurs will present “Demystifying VCs: How to Make the Right Impression” at the beautiful Crow Canyon Country Club. Tasty buffet dinner included!
This blog does not provide legal advice and does not create an attorney-client relationship. If you need legal advice, please contact an attorney directly.
On the evening of Wednesday, February 10, 2010, the Silicon Valley Association of Startup Entrepreneurs’ East Bay Series will present Raising the First Round at the beautiful Crow Canyon Country Club (delicious buffet dinner included!).
Description: Whether it comes from VCs, angels, or friends and family, that first round of funding often is the toughest one to raise. Listen to experienced investors as they explain what they are looking for in early-stage companies, and to successful entrepreneurs as they describe what works and what doesn’t. Learn how to identify the right early-stage investors, where to find them, and ways to structure the first round so you don’t make it difficult to raise the next one!
This blog does not provide legal advice and does not create an attorney-client relationship. If you need legal advice, please contact an attorney directly.
In an article yesterday (Asset-Based Lending Grows in Popularity), the Wall Street Journal reported that asset-based lending – loans secured by the borrower’s assets as collateral – surged during 2008 and 2009
The reason: Businesses that lack the credit rating, track record, or patience to seek traditional sources of capital can get loans by pledging their equipment, inventory, accounts receivable, or other liquid assets as collateral.
Downsides: Relatively high interest rates; if a payment is missed, the collateral may be seized by the lender.
Related post: Realistic Financing Options for Startup Companies
This blog does not provide legal advice and does not create an attorney-client relationship. If you need legal advice, please contact an attorney directly.
The evening of Wednesday, January 20, the Silicon Valley Association of Startup Entrepreneurs (SVASE) will present All Cash is Green – Which Source is Right for You? at the beautiful Crow Canyon Country Club (dinner included!).
Panel members from venture investment, angel investment and lending will explain how entrepreneurs can choose among the many ways to fund their businesses:
There are so many ways to capitalize a business that it can be confusing to figure out which is the best fit for your company’s stage, risk profile, and capital needs. Our panel will discuss the pros and cons of different sources of capital. Along the way, they will explain how to determine the cost of capital, when collateral can be used for raising debt, when leasing is appropriate, what angel investors are looking for, and when to approach an institutional investor such as a VC. Before you mortgage your house, borrow money from your in-laws, or sell a portion of your company, learn what our financial experts have to say!
If you are in the San Francisco Bay Area and want to learn more about raising capital for your business, this event is for you!
This blog does not provide legal advice and does not create an attorney-client relationship. If you need legal advice, please contact an attorney directly.
Sramana Mitra
Last evening I attended a meeting of eBig’s Startups / VCs SIG. Sramana Mitra’s presentation, “Bootstrapping – Weapon of Mass Reconstruction”, was highly informative for the entrepreneurs in attendance.
Her first comment was one with which I agree completely: There is too much emphasis on on venture capital funding – few businesses qualify, and other forms of financing allow the entrepreneur to retain greater control and a larger share of the business. (See Realistic Financing Options for Startup Companies.)
Sramana then proceeded to expose a large number of myths about entrepreneurship, and she finished by answering attendees’ questions.
The Entrepreneur Journeys page of Sramana’s blog provides a large number of informative interviews with entrepreneurs from around the world.
Photo credit: Blog Business World
This blog does not provide legal advice and does not create an attorney-client relationship. If you need legal advice, please contact an attorney directly.
