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.
The winner: DeviceHub
Term Sheet Guide
What are the terms you will encounter while raising seed investment and what do they mean for your startup?
We usually don’t write about ongoing crowdfunding campaigns at Netokracija CEE, but we just had to introduce you to Walpie, a very groovy cat that wants to take YOU out for a walk. Wait, what…? Yes, you will ask that question often, throughout the whole article, because this campaign is a bit… Different. Why a cat, not a dog? Why crowdfunding? Who is the mysterious Mr MITS? We have (almost) all the answers!
PR For Startups
Every startup knows what PR is. It’s a swish of the magic wand that’s going to get them all over the news and solve all their problems, right? Wrong, says Colette Ballou of Ballou PR, one of the key speakers on the upcoming How to Web conference in Bucharest.
Gaming PR for Netokracija CEE
Both independent game developers and big gaming studios have one thing in common – they heavily rely on good relations with media when it comes to promoting their latest title. Just how important is PR in the gaming and tech industry, Agnieszka Szóstak from PR Outreach will talk during this year’s How to Web conference which is taking place in Buchurest.
Equity Funding Alternative
This is the second part of my mini series focusing on term sheets. The goal is to cover the convertible loan – in general the less commonly used investment method.