Week 6
The launch path: Step 6
develop a capital strategy
There are many great ways to finance a startup venture in 2024.
There are more sources and structures of startup financing available in 2024 than at any other time in history. You’ve picked a great time to create a startup. In this section I am trying to give you as much information as possible, so that you can make an informed decision about what is right for you and your startup. I also give you information on the different entity types for your startup (LLC, C-Corp, etc) as this decision will be driven by the capital strategy you intend to pursue. Finally, I’ll also give you a list of 6,000 VC firms, with contact info, as well as 92 VC firms that also do seed deals. Also, make sure you read about the pitches that begin in our next class session.
“Be so good they can’t ignore you.”
-Steve Martin
Classroom recording: Click to view. Passcode: qSiq8u=q
My video of key points:
Main Reading:
- Financing your startup.
- Flavors of Capital
- Venture Capital
- The Fundraising Trail
- Legal Primer for Startups
Other Reading:
VC Lists:
Case Study:
- Zapier – a great case study.
Assignment:
- What is the right capital strategy for your startup? Bootstrap? Revenue share note? Angel capital? Venture capital? Let’s discuss.