Podcast
Questions and Answers
Talking to advisors and business contacts with valuation experience is not necessary in the fundraising process.
Talking to advisors and business contacts with valuation experience is not necessary in the fundraising process.
False (B)
The Information Memorandum is a two-page taster document that summarizes the business plan as an investment opportunity.
The Information Memorandum is a two-page taster document that summarizes the business plan as an investment opportunity.
True (A)
Prioritizing the list of potential investors and conducting basic background research on each is not important in the fundraising process.
Prioritizing the list of potential investors and conducting basic background research on each is not important in the fundraising process.
False (B)
Introductions and referrals are not effective starting points when making initial contact with potential investors.
Introductions and referrals are not effective starting points when making initial contact with potential investors.
The Information Memorandum should be provided to potential investors only after the first phone call.
The Information Memorandum should be provided to potential investors only after the first phone call.
It is not necessary to profile the type of investor and their added value when preparing to secure early funding.
It is not necessary to profile the type of investor and their added value when preparing to secure early funding.
A single investment from one entity/person is the only option when raising funds; multiple investors are not considered.
A single investment from one entity/person is the only option when raising funds; multiple investors are not considered.
The Term Sheet/MOU is the final formal legal document for investment.
The Term Sheet/MOU is the final formal legal document for investment.
The real value of the company is determined by its revenue at the pre-revenue stage.
The real value of the company is determined by its revenue at the pre-revenue stage.
At the pre-revenue stage, the target investment community is likely to include friends, family, and business angels.
At the pre-revenue stage, the target investment community is likely to include friends, family, and business angels.
The process of fundraising for a company at an early stage should be complex and difficult to understand.
The process of fundraising for a company at an early stage should be complex and difficult to understand.
The investor at an early stage will be looking for some or all of Stage 1 & 2 Deliverables.
The investor at an early stage will be looking for some or all of Stage 1 & 2 Deliverables.
The formal investment closed is usually led by the company's CEO.
The formal investment closed is usually led by the company's CEO.
The valuation of a company at an early stage should be unrealistic.
The valuation of a company at an early stage should be unrealistic.
The funding process, whether a small or large amount, does not take time and is not a distraction for the promoter.
The funding process, whether a small or large amount, does not take time and is not a distraction for the promoter.
It is important to plan and execute the funding process efficiently to achieve the specific funding objective.
It is important to plan and execute the funding process efficiently to achieve the specific funding objective.
Having sufficient funds to deliver measurable progress normally includes securing Alpha & Beta first clients.
Having sufficient funds to deliver measurable progress normally includes securing Alpha & Beta first clients.
The next round of funding, sometimes called Series B, normally funds the scaling of the beachhead to break even or profitability.
The next round of funding, sometimes called Series B, normally funds the scaling of the beachhead to break even or profitability.
The money from fundraising comes in large amounts without any delays.
The money from fundraising comes in large amounts without any delays.
Being involved with fundraising does not impact the capacity and emphasis on the core task of creating, validating, and leveraging advantage.
Being involved with fundraising does not impact the capacity and emphasis on the core task of creating, validating, and leveraging advantage.
The hard bit is finding investors who are not serious enough to engage in the fundraising process.
The hard bit is finding investors who are not serious enough to engage in the fundraising process.
The ISBN of the book mentioned is 978-0957627000.
The ISBN of the book mentioned is 978-0957627000.
'Advantage' covers the creation of effective Business Plans acquisition.
'Advantage' covers the creation of effective Business Plans acquisition.
Flashcards
Fundraising Necessity of Advisor Input
Fundraising Necessity of Advisor Input
Talking to advisors and business contacts with valuation experience is crucial for the fundraising process.
Information Memorandum (IM) Function
Information Memorandum (IM) Function
A concise overview of the business plan targeting investors for potential investment.
Investor Prioritization Importance
Investor Prioritization Importance
Researching potential investors before approaching them is vital for a successful fundraising campaign
Referral Effectiveness
Referral Effectiveness
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IM Timing
IM Timing
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Investor Profile Significance
Investor Profile Significance
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Multiple Investors
Multiple Investors
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Term Sheet/MOU Finality
Term Sheet/MOU Finality
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Company Valuation at Pre-Revenue Stage
Company Valuation at Pre-Revenue Stage
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Pre-Revenue Investor Target
Pre-Revenue Investor Target
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Fundraising Complexity
Fundraising Complexity
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Early-Stage Investor Focus
Early-Stage Investor Focus
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CEO's Role in Closing
CEO's Role in Closing
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Unrealistic Early-Stage Valuation
Unrealistic Early-Stage Valuation
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Fundraising Time & Impact
Fundraising Time & Impact
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Fundamental to Funding Success
Fundamental to Funding Success
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Securing Funds - Client Acquisition
Securing Funds - Client Acquisition
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Funding Round Beyond Series A
Funding Round Beyond Series A
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Fundraising Delays
Fundraising Delays
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Fundraising Impact on Core Tasks
Fundraising Impact on Core Tasks
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Investor Seriousness
Investor Seriousness
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Book ISBN Validity
Book ISBN Validity
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Business Plan Acquisition Definition
Business Plan Acquisition Definition
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