My Race to 40! challenge will be over tomorrow when I turn 40. I can’t believe that I’ve already lived half a life! There is still so much left to do. The goals that I set myself as part of the Race to 40! challenge are just the beginning. I have big plans for the second half of the year and the next few years. The next big goal on my plate will be taking the entrepreneurial plunge and launching a startup. But first, a vacation with family 🙂
My “business articles” for the week include (amongst others): Walmart’s foray into grocery deliver in partnership with Uber and Lyft; the war to integrate third party services into Alexa, Google Now and Siri heats up; changes in the VC environment and what it means for startups; why the “bust” of the tech boom may not be such a bad thing; and, why everyone in the tech industry should not learn to code.
Want to learn about Brownies, Centaurs, Djinns, Griffins, Wyrms and more?! Make sure to check out the bonus reference: The beasts of Silicon Valley!
Today I begin a series of posts on Angel Investing. Over the last several months I have enjoyed attending several events around Vancouver, networking with angels and entrepreneurs. At these events, I find that I get asked a lot of the same questions from young entrepreneurs looking to raise seed money from angel investors. If I get to the heart of their questions, the questions can be reduced to two, which I paraphrase below:
1. I’ve got a great idea that I am working on; how can I raise money to get my “work in progress” product/service ready to take to market?
2. What is the process of raising money from angels/angel investing groups?
The intent of this posts is to answer the first of the two questions above. In my next Angel Investing post (scheduled for June 16th) I will answer the second question. In future posts, I will also post about deals from the perspective of an angel (e.g. what is an angel looking for in a startup company? what are the motivations of an angel investor?). However, from recent experience, I feel there is still a requirement to educate young/first time entrepreneurs on some of the basics of fundraising for early stage start-ups (covered in this post) and on the process of raising funds from an angel investor and/or angel investor group (to be covered on June 16th).
Similar to my previous post on “science links”, I have decided to use a blog post a week to share various interesting business articles that I have read recently. The articles cover a variety of topics but many will focus on Entrepreneurship, Angel Investing, and Venture Capital, which are areas where I am active in […]