If tech company founders are successful in their ventures, it’s inevitable that the sale deals will come knocking. But are they adequately prepared to make an exit? Read on as we will explore the several factors tech founders need to keep in mind when seeking to exit their ventures. Download a digital copy of the whitepaper here: https://lnkd.in/d2a82wrP Josh Gully | Ghislain Gouraige #NewEdgeWealth #Whitepaper #Tech
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I help startups & SMBs from pre-rev up to $100M with bookkeeping, accounting, FP&A, and fractional CFO services | Proud Veteran
Startups seeking funding overlook how highly VCs scrutinize their financial models. -Validating assumptions is key. -Numerous scenarios should be considered. -The team and track record inform confidence. Detailed financial models are pivotal for securing investment.
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• In 2024, technology is a market driven by employers. • Carta is exiting the startup stock sale business. • Effective metrics for your next investor update. Before Growth is back in 2024! URL to this week’s edition of my newsletter in the comments 👇
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How to Target The Qualifted Intressted Investors without spending more time on tire kickers: All investors are all different: • Angels to Growth Stage Venture • Biotech to Fintech • Prolific to Infrequent • Busy to New • Associates to Partners • Flush with capital to Dry Funds Starts by this: “WHY would an investor be interested?” Check: > Size > Stage > Sector To research investors use all of these resource: > Angel list > LinkedIn > VC web sites > Crunchbase > Google > Your network Investors equity If someone is managing a $1B fund then for them a $500K check is too small. Another thing to understand is smaller firms may not be able to lead your round. For example, it is hard to lead a $3M round with a $500K check. Similarly, some angels write $5K checks, some write $50K — be sure to research! Always research an investors portfolio before the meeting! EX: Neha Khera- Deep Tech, Enterprise, Marketplaces Zann Ali- Fintech, Marketplaces, SMB Julie Wolf - Biotech, Healthcare Daniella Cohen - Healthcare, Biotech, Deep Tech If you blind pitch investors - it is an instant negative signal! Use these as a checklist: > What is their check size? > Are they a generalist or invest in your space? > Do they invest frequently? > Can you reference them through your network? Be aware of new investors, they may spend your time with less investment allocation.
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Some great details from the inside on what to include in your investor updates 👇 Great content, thanks for sharing this Tim Suzman! p.s. thanks Tech Philomaths for guiding towards such insightful content 🙌
Most Pioneer Fund companies send monthly updates (some quarterly), and we read every update across the portfolio of 500+ companies. I actually still personally read every update. Most startups send updates with these sections, and it works well: - High level metrics (revenue, maybe another key metric or two like GMV or MAU, growth since last month, cash in bank, burn rate, runway). Many of the most consistently-growing or fastest-growing companies also include a revenue graph. - Highlights - Lowlights - Investor asks - Maybe a couple investor shoutouts from last month - Some short commentary on what the current priorities are, what's coming next, etc. Some founders like to include a special section or two. A few of my favorites: - Photos or videos of technical progress for hardware companies - One of our founders sends a self rating on a scale of 0-10 for the month, along with detailed explanation. Pretty impressive. - A zoomed out view of how the mission/vision/strategy is specifically evolving - Some have very detailed additional sections that are specific to their business. E.g. manufacturing updates, distribution updates, regulatory updates, etc. Each investor update may only take a few minutes to read, but they are the summary of the hard work of an entire team for an entire month, often fighting uphill or sprinting downhill or exploring the idea maze. We're always grateful reading them.
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I help startups with financial projections, investor pitch decks, and compliance| $20M raised for 3,200+ clients in 20+ countries| I streamline financial growth and regulatory success| Ex- Deloitte
I’ve noticed one thing: startups that base their financial projections on real market data always stand out. Investors can tell when numbers are grounded in reality. It’s not about optimism; it’s about showing you’ve done your homework and your growth is backed by industry trends.
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Supplychain Consultant | Strategy Builder | Business Relations | Market Launching | Expansion | Startups | Scaleups
Investor = Customer 📌 I was asked yesterday how can you attract investors 🚨 Given the fact that startups are numerous now and in a comparable industry (Edutech-Tech- supply and demand, and so on). I only found one answer 🧮 Your customers are your best investors 🔎📍 Of course, you need investors in the start, but if you focus on gaining your customers' trust by underpromising and overdelivering, you will automatically have the best investor (a lifetime one) Any thoughts? #Investors #CustomerSuccess #Edutech #Tech #Customermanagement
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Startups should track their financial metrics regularly and use them to make informed decisions.By tracking financial metrics, startups can identify areas of improvement and make necessary adjustments to their business strategies. 👉 https://lttr.ai/AR6iA
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Experienced Growth Driver/ Connector of Business Relationships/ Strategic Advisor to the C-Suite and New Ventures
Five months ago, we launched nstAI with a singular goal: to empower startup founders on their growth journeys. After months of hard work and refinement, we're thrilled to introduce our rebranded Next Stage Trajectory (NST) and share the progress we have made. Since May, we've: o New Clients: We've onboarded our first 5 clients into our 2024 Vintage and look forward to closing our Q3 client acquisition goal on target. o Brand Evolution: We've rebranded to align with our focused direction, emphasizing our Unique Value Proposition of driving growth for our clients. o Refined Messaging: Our marketing materials have undergone a complete overhaul, sharpening our communication and value proposition. o Website Rebuild: A full website uplift and rebuild to showcase our new identity. o Team Expansion: Two new Founding Partners Ginger MenownDanielle Gopen have joined us, bringing diverse expertise to enhance our service offering. o Increased Funding Access: Expanded partnerships have opened up new investment opportunities for our clients. o AI Integration: Proprietary AI scripts integrated with market network effects, now assist in early-stage strategy development, adding cutting-edge technology to our toolkit. o Enhanced Growth Program: Our 48-month program has been fine-tuned to provide even more comprehensive support to our clients. o Supplier Marketplace Launch: We've created a platform connecting clients with the additional resources they need (like marketing, sales, legal, tech development, recruiting, etc.) to scale their companies far beyond $2M in revenue. o Digital Collaboration Hub: Our new NST/Cannon Community online portal streamlines communication and document sharing with our clients. o Founder Introduction Program: We've implemented a client referral process to foster community growth and shared success. What sets NST apart? Our 48-month program with no equity stake required, an incredible network of experts, and a robust foundation of partnerships. Today, we proudly launch our new brand and website! Check it out though our LinkedIn page Next Stage Trajectory We're still migrating, so bear with us if you notice any minor glitches. If you have questions or want to connect with me or our Founding Partners, feel free to reach out directly. Let's talk about how NST can help you grow your startup. Mark Voytek James Ray Ginger Menown Danielle Gopen John Tikkanen The Cannon Community Kaia Roman Ryan Dwyer Next Stage Trajectory Portal Capital
Next Stage Trajectory | Growth Accelerator Consultancy
nextstagetrajectory.com
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Have you ever been asked to invest in a tech start-up? What was the most compelling reason you chose to invest or considered investing? If you chose not to invest, what was one of the main concerns or red flags that gave you the inclination to decline? Share your experiences below! #Investing #TechStartUp #DecisionMaking
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