How to write a term sheet for a convertible note
Signing a term sheet for a convertible note is a kind of a no-strings-attached agreement, between a startup and investors. But, how do you write one?
Signing a term sheet for a convertible note is a kind of a no-strings-attached agreement, between a startup and investors. But, how do you write one?
Post-money valuation is more or less a matter of ‘rough’ calculations, estimations, market research & negotiations. But, what is the right way to do it?
Want to bring a brilliant business idea into reality? Have you managed to get yourselves some seed funding to get you started? When do you really need it?
To build a successful business you need a good idea and a good team. You also need to fuel up the engine you’re building with some good seed capital.
The MVP is not a Beta version, indeed! Releasing your software without testing it first, is like a nightmare waiting to happen. Be careful what you release!
Product-market fit? Make sure there are customers that have the problem you’re aiming to solve, that they care to solve it and they’ll want your solution.
What is the first milestone you need to achieve once you’ve set up shop for your startup? Problem-solution fit, of course! Get some steady footing!
Product development is disappointingly isolated from other business operations? Shift your focus and get your startup from product to business development.
We’ve learnt why businesses would elect to go down the path of outsourcing certain business aspects. Now, lets find out how outsourcing affects startups.
To outsource or not outsource? For us, there is no dilemma at all. A startup reacts entirely differently to outsourcing than a standard business would.