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Funding

Startup funding - A hot topic among startups

Entrepreneurship - A blog  ››   Funding

4 blogs
  • 03 Jul 2017
    If you are on this page and reading this article, there is a high probability that you are in some way or form related to startups, either as an aspiring entrepreneur, mentor, investor or maybe just as someone who is interested in this field of work. I like to write about the hot up and coming startups, startups that I feel will make a splash in the market and will be relevant in our lives in a few years. However, I feel like I would be missing out if I don’t add my two cents about the ‘new thing’ in the startup world, and that is Initial Coin Offering, more commonly known as ICO.   As you might know the digital currency market is blooming to its full potential. The Bitcoin market has grown from a valuation of $11 billion on June 5, 2016 to $47 billion on June 7, 2017. Countries all over the world are now accepting Bitcoin as a form of currency and the potential to this market is undeniable. Despite this immense growth Bitcoin has fallen from being 80% of the entire cryptocurrency market to being a little less than 50%. ICO is slowly making its way within the market with over $380 million being invested by May this year.   I am assuming that the anticipation is the through the roof by now and you just want to know what ICO is. Initial coin offering is somewhat similar to Initial public offering as both are used to raise funds. The difference here is that instead of stock, when you purchase an ICO you get a new type of coin or token. This means that instead of getting a security, you get an asset. (For all the newbies, stock is a form of security, whereas a coin or a token is a form of an asset.) Now how is ICO a game changer? If you’re a businessman looking to start a company, you should probably be in seventh heaven right now. ICO is an unregulated means to raise funds for a venture. You can now bypass the rigorous and regulated means to raise capital such as venture capitalists and banks.     When your startup firms look to raise money through ICO, it creates a plan stating what the project is about, how much time it takes to complete the project, how much money is required for the venture, how much of this virtual money will the pioneers keep for themselves and how long the campaign will run for. If the money raised by the ICO does not meet the minimum requirements stated by the company, the money is returned to the backers and the ICO is deemed unsuccessful. The reason why a backer would purchase this cryptocurrency is in the hope that the idea becomes successful, translating into a higher cryptocoin value than what they purchased it for. This is how ICO differs from crowdfunding, as the latter does not seek any reward for their contributions and are basically making donations.   While there are many benefits to ICO and it seems to be an idea of the future, people are wary of indulging in them due to lack of transparency and the possibility of fraud. However, if you want to indulge in this new craze and maybe make some big money down the road, do go on to Ethereum and spend some of your savings in buying ICOs. The risk is certainly there, but then so is the reward.  
    467 Posted by Ruhaan Dev Tyagi
  • If you are on this page and reading this article, there is a high probability that you are in some way or form related to startups, either as an aspiring entrepreneur, mentor, investor or maybe just as someone who is interested in this field of work. I like to write about the hot up and coming startups, startups that I feel will make a splash in the market and will be relevant in our lives in a few years. However, I feel like I would be missing out if I don’t add my two cents about the ‘new thing’ in the startup world, and that is Initial Coin Offering, more commonly known as ICO.   As you might know the digital currency market is blooming to its full potential. The Bitcoin market has grown from a valuation of $11 billion on June 5, 2016 to $47 billion on June 7, 2017. Countries all over the world are now accepting Bitcoin as a form of currency and the potential to this market is undeniable. Despite this immense growth Bitcoin has fallen from being 80% of the entire cryptocurrency market to being a little less than 50%. ICO is slowly making its way within the market with over $380 million being invested by May this year.   I am assuming that the anticipation is the through the roof by now and you just want to know what ICO is. Initial coin offering is somewhat similar to Initial public offering as both are used to raise funds. The difference here is that instead of stock, when you purchase an ICO you get a new type of coin or token. This means that instead of getting a security, you get an asset. (For all the newbies, stock is a form of security, whereas a coin or a token is a form of an asset.) Now how is ICO a game changer? If you’re a businessman looking to start a company, you should probably be in seventh heaven right now. ICO is an unregulated means to raise funds for a venture. You can now bypass the rigorous and regulated means to raise capital such as venture capitalists and banks.     When your startup firms look to raise money through ICO, it creates a plan stating what the project is about, how much time it takes to complete the project, how much money is required for the venture, how much of this virtual money will the pioneers keep for themselves and how long the campaign will run for. If the money raised by the ICO does not meet the minimum requirements stated by the company, the money is returned to the backers and the ICO is deemed unsuccessful. The reason why a backer would purchase this cryptocurrency is in the hope that the idea becomes successful, translating into a higher cryptocoin value than what they purchased it for. This is how ICO differs from crowdfunding, as the latter does not seek any reward for their contributions and are basically making donations.   While there are many benefits to ICO and it seems to be an idea of the future, people are wary of indulging in them due to lack of transparency and the possibility of fraud. However, if you want to indulge in this new craze and maybe make some big money down the road, do go on to Ethereum and spend some of your savings in buying ICOs. The risk is certainly there, but then so is the reward.  
    Jul 03, 2017 467
  • 30 Jun 2017
    Congratulations! You have come up with the next big Idea and your friends and family have encouraged you to go ahead with it. Now you are thinking about execution and the first thing that catches your attention is the capital required for staring the business. Newspapers and online media are full of funding stories and you are confident that you will get an Investor or a lender to support your path breaking Idea. Alas, once you start approaching a few, you realize that you are not yet at the point where a angel investor or a lender would invest in you. So you start selling your assets, borrowing against your home, availing your credit card limit and asking loved ones for loans. Before you start getting into personal finances and soured relationships, do a reality check- vet your idea and get the “proof of the concept” to start sailing with confidence on your brand new journey.   Vet Your Idea How do I vet my idea? Well there are multiple ways to go about it. One is to launch a prototype and get the market feedback and the other is to launch your idea on a public platform for comments and feedback from the rest of the world. Try logging on to Idea & Plan on bornbrio.com to reach out to the community. Once you have vetted your idea and have the proof of concept, it’s time to get into action with concept funding. Call a few incubators to gauge their interest and work out a strategy that is most suitable for you. Incubators come in various flavors – Some are sector specific and looking at developing future solutions and partners, while the others are primarily selling space and services in return for cash and/or equity.   Seed Funds If you strongly feel that parting with equity in very early stages is not prudent, a sweet spot could be finding a supplier, distributor, or a customer who gains enough to bear the bill. This is a planning-for-success. If your solution aligns with an existing business problem, there will be potential early adopters who could make a strategic investment in their success.Bootstrap yourself and use revenue generated from early adopters to pay your bills. If the solution has potential users who alone cannot cover your costs, consider borrowing or raising a small loan. If you are lucky, you may get a lender, who may be willing to provide a loan at leaner terms. Banks being risk averse are not the best sources for such deals; you may be better reaching out to Non-Banking Financial Institutions or  lending platforms. Bornbrio can also helps you raise loans. To create your loan campaign  please click this  Link.   Growth Capital Your minimum resources have generated the first few customers and now you need funds to rapidly scale your business and take it to much larger pool of customer. You can reach out to an Angel Investor or an early stage VC fund for this growth capital. This round of funding is typically known as - Series A Funding. Getting appointments with VCs and Angel Investors may be a tedious task and sometime may consume time and efforts at the cost of the business. Bornbrio provides you an alternative where you can float an equity campaign with a flexible but realistic term sheet for the investors to consider live bids for stakes in your company. Imagine Angels across the world taking a peek and considering investment. You not only get the best deal, but also a quicker and better responses. For Creating a Private Placement campaign for raising your growth funds please click here.
    1001 Posted by Expert Advisor
  • Congratulations! You have come up with the next big Idea and your friends and family have encouraged you to go ahead with it. Now you are thinking about execution and the first thing that catches your attention is the capital required for staring the business. Newspapers and online media are full of funding stories and you are confident that you will get an Investor or a lender to support your path breaking Idea. Alas, once you start approaching a few, you realize that you are not yet at the point where a angel investor or a lender would invest in you. So you start selling your assets, borrowing against your home, availing your credit card limit and asking loved ones for loans. Before you start getting into personal finances and soured relationships, do a reality check- vet your idea and get the “proof of the concept” to start sailing with confidence on your brand new journey.   Vet Your Idea How do I vet my idea? Well there are multiple ways to go about it. One is to launch a prototype and get the market feedback and the other is to launch your idea on a public platform for comments and feedback from the rest of the world. Try logging on to Idea & Plan on bornbrio.com to reach out to the community. Once you have vetted your idea and have the proof of concept, it’s time to get into action with concept funding. Call a few incubators to gauge their interest and work out a strategy that is most suitable for you. Incubators come in various flavors – Some are sector specific and looking at developing future solutions and partners, while the others are primarily selling space and services in return for cash and/or equity.   Seed Funds If you strongly feel that parting with equity in very early stages is not prudent, a sweet spot could be finding a supplier, distributor, or a customer who gains enough to bear the bill. This is a planning-for-success. If your solution aligns with an existing business problem, there will be potential early adopters who could make a strategic investment in their success.Bootstrap yourself and use revenue generated from early adopters to pay your bills. If the solution has potential users who alone cannot cover your costs, consider borrowing or raising a small loan. If you are lucky, you may get a lender, who may be willing to provide a loan at leaner terms. Banks being risk averse are not the best sources for such deals; you may be better reaching out to Non-Banking Financial Institutions or  lending platforms. Bornbrio can also helps you raise loans. To create your loan campaign  please click this  Link.   Growth Capital Your minimum resources have generated the first few customers and now you need funds to rapidly scale your business and take it to much larger pool of customer. You can reach out to an Angel Investor or an early stage VC fund for this growth capital. This round of funding is typically known as - Series A Funding. Getting appointments with VCs and Angel Investors may be a tedious task and sometime may consume time and efforts at the cost of the business. Bornbrio provides you an alternative where you can float an equity campaign with a flexible but realistic term sheet for the investors to consider live bids for stakes in your company. Imagine Angels across the world taking a peek and considering investment. You not only get the best deal, but also a quicker and better responses. For Creating a Private Placement campaign for raising your growth funds please click here.
    Jun 30, 2017 1001
  • 05 May 2017
    There is no such thing in planet earth as enough money, unless ofcourse you are there in the Forbes's richest list. Everyone is looking out for money, for one of many reasons. It can be for      A trip to Vegas  or Studying in an Ivy League University  or Funding for the growth of your company. Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors—primarily online via social media and crowdfunding platforms—and leverages their networks for greater reach and exposure. But just starting a crowdfunding campaign doesnot necessarily means you will be swimming in a pool of gold coins like Uncle Scrooge at the end of the campaign. But, it's more about getting Uncle Scrooge care enough to spare some of his coins for your purpose. Now for that to happen, you need to make sure that you follow certain etiquettes to impress your backers and make sure that you are able to make that offer that can't be refused. Here are some of the mantras that may help you run a successful crowdfunding campaign. Share your story Your audience wants to know how you got there, and why you decided it was important to carry it out.  They need to be clear that it is necessary and must pass it in the best way possible. Explain the project, the advantages of support and how essential is the funding to achieve the ultimate goal. The campaign must appear attractive enough so that the audience wants to be part of it.   Don't ask for a fortune Imagine yourself browsing campaigns and you came accross this:- FUNDS FOR VACATION raising $10 millions!! Sounds ridiculous right? Will you ever want to be a part of such campaign? NO?  Hence, before going for a crowdfunding campaign, it's highly essential for you to come up to a genuine figure you want to raise and which you can justify to your audience if asked. Socialize If you launch your campaign with zero audience, you are launching to crickets. Use social networks to publicize your campaign. The exposure on the web can yield new investors.  Using social networks to mailing and other marketing techniques can help boost the campaign. If possible, public relations may work to appear in the media. Video Video clips give visitors a better idea of your project — they can see you or your product in action rather than clicking through a series of static images. They are also labor-intensive, so don’t attempt to put together a clip if you don’t have the time, resources and expertise required. An amateur-looking video isn’t going to convince anyone to get involved, and at worst, could damage your campaign’s credibility. Update regularly Keep everyone, especially backers, informed and updated on how things are going. Whether it’s good news or bad, keep your backers and potential backers in the loop. Sure, a few may ask you to stop spamming but the vast majority will welcome news of progress. Make sure you update your page to reflect any changes to the original plan. Don't release a unique idea unprotected Protect your idea with a patent if you think it's unique as once you release your crowdfunding campaign with an idea, it's there for others to copy and maybe even implement a better version and making it there own. Sounds a bit dark, but it may happen, so better safe than sorry. Don't over-focus on the "Crowd" just because it says Crowdfunding Your first goal always should be to focus on individuals, rather than masses.Your early backers are the ones who might play a critical role that will either make or break your campaign. Positive feedback from early backers tend to attract investment form this so called "Crowd". As once the funds starts rolling in, others tend to follow.   To sum it, approach a crowdfunding campaign as one of your job interviews, not a daily facebook status update and you'll have all the success you want.   Disclaimer- I am not an expert on the subject, these are just some observations going through various successful campaigns.  
    770 Posted by Chirag Saigal
  • There is no such thing in planet earth as enough money, unless ofcourse you are there in the Forbes's richest list. Everyone is looking out for money, for one of many reasons. It can be for      A trip to Vegas  or Studying in an Ivy League University  or Funding for the growth of your company. Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors—primarily online via social media and crowdfunding platforms—and leverages their networks for greater reach and exposure. But just starting a crowdfunding campaign doesnot necessarily means you will be swimming in a pool of gold coins like Uncle Scrooge at the end of the campaign. But, it's more about getting Uncle Scrooge care enough to spare some of his coins for your purpose. Now for that to happen, you need to make sure that you follow certain etiquettes to impress your backers and make sure that you are able to make that offer that can't be refused. Here are some of the mantras that may help you run a successful crowdfunding campaign. Share your story Your audience wants to know how you got there, and why you decided it was important to carry it out.  They need to be clear that it is necessary and must pass it in the best way possible. Explain the project, the advantages of support and how essential is the funding to achieve the ultimate goal. The campaign must appear attractive enough so that the audience wants to be part of it.   Don't ask for a fortune Imagine yourself browsing campaigns and you came accross this:- FUNDS FOR VACATION raising $10 millions!! Sounds ridiculous right? Will you ever want to be a part of such campaign? NO?  Hence, before going for a crowdfunding campaign, it's highly essential for you to come up to a genuine figure you want to raise and which you can justify to your audience if asked. Socialize If you launch your campaign with zero audience, you are launching to crickets. Use social networks to publicize your campaign. The exposure on the web can yield new investors.  Using social networks to mailing and other marketing techniques can help boost the campaign. If possible, public relations may work to appear in the media. Video Video clips give visitors a better idea of your project — they can see you or your product in action rather than clicking through a series of static images. They are also labor-intensive, so don’t attempt to put together a clip if you don’t have the time, resources and expertise required. An amateur-looking video isn’t going to convince anyone to get involved, and at worst, could damage your campaign’s credibility. Update regularly Keep everyone, especially backers, informed and updated on how things are going. Whether it’s good news or bad, keep your backers and potential backers in the loop. Sure, a few may ask you to stop spamming but the vast majority will welcome news of progress. Make sure you update your page to reflect any changes to the original plan. Don't release a unique idea unprotected Protect your idea with a patent if you think it's unique as once you release your crowdfunding campaign with an idea, it's there for others to copy and maybe even implement a better version and making it there own. Sounds a bit dark, but it may happen, so better safe than sorry. Don't over-focus on the "Crowd" just because it says Crowdfunding Your first goal always should be to focus on individuals, rather than masses.Your early backers are the ones who might play a critical role that will either make or break your campaign. Positive feedback from early backers tend to attract investment form this so called "Crowd". As once the funds starts rolling in, others tend to follow.   To sum it, approach a crowdfunding campaign as one of your job interviews, not a daily facebook status update and you'll have all the success you want.   Disclaimer- I am not an expert on the subject, these are just some observations going through various successful campaigns.  
    May 05, 2017 770
  • 15 Sep 2016
    When setting out as an investor, there are various things that go on in the mind of a fresher (I mean, a fresh investor!) Which stock to buy, when to buy and what number to buy? This one question keeps taking rounds in the mind of any and every fresh investor. It takes months and years of research to be able to choose the right firm to invest in. But what if I want to start investing right away? Worry not. This five pointer will articulate all the necessary prerequisites vital for being a successful investor and help you rise and shine. Tips for a successful long term investment Make a plan and stick to it One of the major and successful tips to make it big in the investment world is to pre-plan your moves and follow them. Your plan may not yield result the very first time but they certainly will. A subsequent loss inculcates in a person the errors committed in the previous attempt and this keeps you safe the next time. Invest right Investing in well known streams that do not yield result has been quite a practice now. Trades like education, agriculture etc. suffer the most minimum losses when the market faces a slump. A few years ago, the global slowdown that had hit the safest businesses too couldn’t change much in the education zone. Short alterations don’t matter When going in as a long term investor, the little modifications in the market scene must not shift your focus from earning from an investment. The short term volatility that is bound to creep in happens to almost loose all focus when the prices of stocks slump. The key is to keep holding on and not lose hope. Don’t follow people People, with little to no background knowledge about investment, suddenly turn an investment guru the moment they realise someone’s interest in investing. You need to conduct your own research. Look at the pros and cons yourself. Weigh the chances and select the best one yourself. Blindly following someone else’s researched stuff will ultimately cripple you to the extent you won’t even realise. Assess broadly To be able to become a successful investor, it becomes vitally essential to bear a certain number of losses before finally learning from them and growing.  Decisions taken must always be based on what the future holds or positive future prospects rather than one’s past history.   Take forward these tips and become a better investor!  
    309 Posted by Snehal Sonkamble
  • When setting out as an investor, there are various things that go on in the mind of a fresher (I mean, a fresh investor!) Which stock to buy, when to buy and what number to buy? This one question keeps taking rounds in the mind of any and every fresh investor. It takes months and years of research to be able to choose the right firm to invest in. But what if I want to start investing right away? Worry not. This five pointer will articulate all the necessary prerequisites vital for being a successful investor and help you rise and shine. Tips for a successful long term investment Make a plan and stick to it One of the major and successful tips to make it big in the investment world is to pre-plan your moves and follow them. Your plan may not yield result the very first time but they certainly will. A subsequent loss inculcates in a person the errors committed in the previous attempt and this keeps you safe the next time. Invest right Investing in well known streams that do not yield result has been quite a practice now. Trades like education, agriculture etc. suffer the most minimum losses when the market faces a slump. A few years ago, the global slowdown that had hit the safest businesses too couldn’t change much in the education zone. Short alterations don’t matter When going in as a long term investor, the little modifications in the market scene must not shift your focus from earning from an investment. The short term volatility that is bound to creep in happens to almost loose all focus when the prices of stocks slump. The key is to keep holding on and not lose hope. Don’t follow people People, with little to no background knowledge about investment, suddenly turn an investment guru the moment they realise someone’s interest in investing. You need to conduct your own research. Look at the pros and cons yourself. Weigh the chances and select the best one yourself. Blindly following someone else’s researched stuff will ultimately cripple you to the extent you won’t even realise. Assess broadly To be able to become a successful investor, it becomes vitally essential to bear a certain number of losses before finally learning from them and growing.  Decisions taken must always be based on what the future holds or positive future prospects rather than one’s past history.   Take forward these tips and become a better investor!  
    Sep 15, 2016 309