I'm working on a startup idea for an e-commerce SaaS product and I'm very new to VC and how the community / right partner(s) could be helpful in providing support to grow the business.
I'm a software engineer, so I've been building the product in my free time. I've incorporated with bootstrapped guidance from licensed professionals.
I feel like I'm stretching myself too thin between all of the things I am doing in building the product and handling the business side, and I know that once I launch it could be much more difficult to manage all aspects without the right team in place.
When typically is it the right time to start pitching to VC? I have not sought investment from anyone, besides my own capital investments. If anyone has suggestions to share on the proper metrics to consider, or recommendations to videos I should watch, power points I might be able to review I would appreciate that advice, or just general guidance.
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George Deeb on When a Startup Should Consider a Merger or Acquisition Atlanta Small Business Network
“startups when:1d” – Google News
What I know so far: Company sells advisory/consulting services, I'd report directly to one of the founders (assume he's hiring me to take that role so he can focus more on the company), just finished 10mil in series A, offering a 50% salary increase vs what I make right now, offer equity but haven't heard anything on what this would be. haven't heard anything on benefits yet.
What questions should I ask to decide if I should take this offer? I currently work at a massive global company so have never had to even consider company going under. Obviously the salary is great, but can't imagine being out of a job in 6 months because the company went under. So far I want to ask what revenue is, what the future book of business looks like, how long they have projects/engagement letters signed with their clients. What else should I ask? If they would be doing another round of funding? How much stock there is and how much went to the investors in series A? Any advice would be appreciated.
I am currently at an early startup stage and would like to get some legal aspects of the whole process clarified. To sum it up: I am currently based in Germany working with a buddy on a B2B idea. Whilst he is working on developing a MVP, I am working on setting up a landing page and getting a list of subscribers/future users. Users will be based in Europe (EU and non-EU). We also got a name for the startup which we are already using on the landing page. We haven't registered our company or anything of this sort, only bought a .com domain. So here are the questions:
- Am I allowed to use this name and present us as a company?
- If I am to collect their email addresses using a sign up form on the landing page, are there any GDPR specifies to be considered? Do I already need set up privacy consent, terms & condition or anything of this sort?
- I have collected a list of publicly available web scraped emails of potential users. Am I allowed to bulk message all of them in order to get them to sign up without ever receiving their consent?
In case I might be forgetting something important I will be grateful to get it pointed out, too! Thanks.