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Important Updates for Startups on the PPP and the CARES Act

Dream It

Kathryn (attorney from PilieroMazza) : Most banks are opening applications today, though a few rolled out last Friday with mixed success. The whole program has been designed to provide financing as quickly as possible. Duncan: Founders have approached us with several affiliation concerns.

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Knowledge Is Power: Convertible Note Financing Terms, Part IV

Gust

In Parts II and III, we looked at commonly used mandatory and voluntary conversion language in convertible notes. To account for scenarios in which the startup is acquired before it has a chance to complete a priced equity financing round, most term sheets and deal documents contain a “ change in control ” provision.

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Revenue-Based Investing: A New Option for Founders who Care About Control

David Teten VC

Does the traditional VC financing model make sense for all companies? A new wave of Revenue-Based Investors are emerging who are using creative investing structures with some of the upside of traditional VC, but some of the downside protection of debt. 2018 also had the fewest number of angel-led financing rounds since before 2010.

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How to get your business funded by a venture capitalist or angel investor

Founder Bounty

While some business owners use personal savings or loans to get started, many others turn to investors to help finance their dreams. A business plan is a document that outlines your company’s mission, goals, market analysis, target customers, financial projections, and strategies for success.

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10 Steps to Increase the Odds of a Successful Angel or Seed Fundraising Round

Entrepreneurs' Organization

Mix in humor to show your personality. Consider a website that separately contains useful materials, depending on the cycle of your business. You should anticipate and plan for business, legal and other questions, and ensure your documents are in proper order. Rehearse your presentation. But, most importantly, be brief.

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Stop Doing These 4 Things if You Want Your Business to Last

StartupNation

If you are doubling down and want to take your best shot at making sure your business is still around in the next five to 10 years or more, here are four things you need to stop doing: Stop mixing business and personal finances . You may be eligible for more financing as some lenders require this.

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Do VC Platforms Make Sense?

Both Sides of the Table

Each VC has their own take on which services to provide and mostly they’re free but some smaller VCs charge portfolio companies for use of these services but usually at a cheap cost. Kerry brings experience from all parts of the marketing mix. We also run internal events often where we connect entrepreneurs to share knowledge.

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