Kima Ventures Will Allow Startups to Raise $150K Within 15 Days Via AngelList
1–10 of 48 posts
Re: Kima Ventures Will Allow Startups to Raise $150K Within 15 Days Via AngelList
#2[deleted]
Re: Kima Ventures Will Allow Startups to Raise $150K Within 15 Days Via AngelList
#3I wondered why no firms were doing that:
https://news.ycombinator.com/item?id=6730152
Re: Kima Ventures Will Allow Startups to Raise $150K Within 15 Days Via AngelList
#4What do you guys think about the terms of the deal? Isn't 15% a lot to give out for just 150k?
Re: Kima Ventures Will Allow Startups to Raise $150K Within 15 Days Via AngelList
#5To dismiss fund raising as a "distraction" as they do belies the importance and seriousness of choosing good investors that benefit your company, on terms that won't hamstring your growth later.
A "one size fits all" approach like what they're pushing sounds more like a pay day loan than a legitimate business partnership.
I worked with a startup that took a $150k seed-stage investment on a $1m valuation, but the terms and the investors were terrible. My partners and I were too inexperience to know we were being ripped off until the time came to raise real money and our first investors were blocking every funding attempt and giving us "counter offers" at significantly worse terms.
I'm not saying these people are doing this, or even that it's a bad deal, but I would advise serious caution and diligence in matters of fund-raising. It's worth spending more than 15 days to get a deal right. Properly funding a business is not a "distraction;" it's a primary component in running a business.
Re: Kima Ventures Will Allow Startups to Raise $150K Within 15 Days Via AngelList
#6Terrible terms will attract terrible companies.
Re: Kima Ventures Will Allow Startups to Raise $150K Within 15 Days Via AngelList
#7Terrible terms will attract terrible companies.
Why do you think our terms are "terrible"?
Re: Kima Ventures Will Allow Startups to Raise $150K Within 15 Days Via AngelList
#8To dismiss fund raising as a "distraction" as they do belies the importance and seriousness of choosing good investors that benefit your company, on terms that won't hamstring your growth later. A "one size fits all" approach like what they're pushing sounds more like a pay day loan than a legitimate business partnership. I worked with a startup that took a $150k seed-stage investment on a $1m valuation, but the term…
Hello
Nope, we are not doing it ;-) Check my Angellist profile: http://angel.co/jberrebi
We have a very good reputation in this market and are helpful! You can check!
Re: Kima Ventures Will Allow Startups to Raise $150K Within 15 Days Via AngelList
#9To dismiss fund raising as a "distraction" as they do belies the importance and seriousness of choosing good investors that benefit your company, on terms that won't hamstring your growth later. A "one size fits all" approach like what they're pushing sounds more like a pay day loan than a legitimate business partnership. I worked with a startup that took a $150k seed-stage investment on a $1m valuation, but the term…
Hello Nope, we are not doing it ;-) Check my Angellist profile: http://angel.co/jberrebi We have a very good reputation in this market and are helpful! You can check!
The good url is: https://angel.co/jberrebi