I managed to land a meeting with a VC; what should I expect? What do I have to do to land a term sheet?
It’s only the beginning of 2015 but Bulgarian Eleven Accelerator Venture Fund is taking applications for its last batch of the year. After that, Eleven will also hit the fundraising trail in the second part of 2015, looking to grow stronger and better with its next 11.2 fund.
It is hard to find an exact number of abandoned digital profiles, but we can surely talk about tens of millions, if not more. If you take that into consideration, you will not be surprised that MemoAngel is not a first digital afterlife service, because this topic is quite intriguing and natural. But this Croatian project might had found a niche that has plenty of space for further business development — and as the time goes by, that space will be, unfortunately, bigger and bigger.
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Go, Teddy, go!
Croatian Teddy the Guardian has just came back from the Consumer Electronics Show and it already brought some good news – the startup raised a seed round of $400.000 and generated $716.000 in preorders. If you wondered when it will be available for sale – don’t worry, your new smart and fuzzy friend could be in your home this spring.
For many education seems to be a very traditional sector dominated by government authorities and traditional educational institutions and a sector with few opportunities for entrepreneurs. Although this may be partially true, this sector can provide some very interesting opportunities for business since all aspects of our life – work, social interactions etc. are now being more and more digitized.
Singularity University opens applications:
I love the start-up spirit and how the digital realm offers opportunities to anyone with a great idea regardless of their background and location. Though having had the opportunity to work with a number of start-ups over the years, I can’t help but reflect on the areas I feel most start-ups overlooked, time and again. Don’t get me wrong; some start-ups do get it right from the start, and are the ones that usually succeed, but they are few and far between based on my experiences to date.
Some people say that accepting an investment from an outside investor is like getting married. It is true that you might spend more time with your investor than with your wife. If that is so, signing of a term sheet is like getting engaged. How often do you see couples starting a happy relationship by having a long argument? Just keep that in mind when you will be negotiating the term sheet.