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Whether you are an entrepreneur or an angel investor, the topic of convertible note vs. equity impacts you. For the most part, startups favor convertible notes and angels prefer equity, but which one is the right choice for your startup? Here, we review the benefits of each. Convertible Note or Convertible Debt Convertible debt is most commonly used as a bridge loan between two rounds of financing. For example, if you raised $1,000,000 in series A funding and you were going to raise $5,000,000 in a series B round, you might use a bridge loan if you needed $250,000 until...

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12 Best Options for Raising Money It takes money to turn a great idea into a great product, but “money doesn’t grow on trees” and you may not have thousands of dollars just waiting to be spent.  So how do you turn your dream into a reality? Here are some of the best options. Self-Funding / Bootstrapping Many entrepreneurs start with some level of self-funding (also known as bootstrapping) and, in fact, future investors likely will want to see that you have some “skin in the game”.  Even if you can only put in a little money, it is worth...

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Author: Ryan Robinson As a full-time consultant running my own business alongside multiple side projects, I can’t even begin to express the importance of learning how to pitch an idea well—both to potential investors and even more importantly, to your early customers. I’m constantly out there pounding the pavement, pitching my services to startups all over the world. Sure, I’ve gotten my fair share of rejections. But in the end, each failure helped me tailor my own pitch to the point where I’ve been able to land contracts with companies like LinkedIn, Intuit, Zendesk, and Close.io. Through my countless pitches,...

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So, you’re ready to take your company to the next level. You’ve gotten some users, some press, and some great feedback—but you only have a month's worth of cash in the bank, and if you don't raise money soon, you won’t be able to go much further. You need to sell others on your idea—and fast. That’s where the two-minute pitch comes in. It’s not an elevator pitch or a high-concept pitch, it’s the first step in building a relationship with an investor. It’s what convinces someone to take a meeting, where you can then present the details of your...

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Your pitch is the single thing that could either get your business off the ground or plunge your idea into eternal oblivion. It matters. The rule of thumb for investors is that for every 100 investments they make, only 10 will go big. Let me take that rule of thumb a step further. For every 1,000 pitches an investor hears, he or she will fund only 100 of them. Statistically, the odds for success are not great. You can beat the statistics, however, by crafting a pitch that turns heads and gets funded. What are the ingredients of an ultra-compelling,...

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