Money Does Both ... Talk and Walk
Navigating the funding spectrum of a start-up involves distinct phases, each with unique requirements. Initially, family and friends investments are common, characterized by informal agreements and trust-based loans or equity. As the business grows, angel investors become pivotal, requiring detailed business plans and compelling pitches demonstrating market potential and strong management.
Next, securing venture capital necessitates rigorous due diligence, comprehensive financial forecasts, and evidence of traction. Venture capitalists often seek substantial equity and board representation.
Further along, preparing for an IPO demands stringent financial audits, regulatory compliance, and the readiness to disclose detailed company performance. Successful IPO or sale culmination requires strategic planning and long-term growth vision to attract public investors or potential acquirers, ensuring robust exit strategies and liquidity for stakeholders.
PEG has relevant experience in each of these scenarios. With A Bias for Action, we can leverage experience into success for founders, investors and company boards.