The importance of grants and applying for them
Posted on 24. Aug, 2011 by admin in Pre Venture Capital
Today is NC IDEA and IDEA Fund Partners appreciation day, as determined by those that have received grants and funding from them. First off, the initial value of the NC IDEA grant program is the application. I’ve heard complaints about the application’s restriction on number of characters. Having reviewed the applications myself a few years [...]
Valuation of the seed round with friends and family
Posted on 06. Oct, 2008 by squareroots in Pre Venture Capital
The balance between the founders and the investors is critical for any early stage company. This is true even with investments from friends and family. Consider two situations: High pre-money valuation Example: a pre-money valuation of $10M for a pre-revenue software company. Although this would appear to favor the company and the founders, what may [...]
