Define money use
Map out the run way
Define the key business result with the money raised
How much money do you need to raise?
For what use?
At what valuation?
How much cash do you currently have in the bank?
What's the monthly cash output / input?
What's run way? ( amount of cash divided by the monthly output)
What's the key result you plan to deliver with the money raised?
What's the link to the business plan?
"What is Startup Valuation?" by Investopedia. https://www.investopedia.com/terms/s/startup.asp
How to value a startup https://councils.forbes.com/success-stories/new-clients-jay-steven-levin-forbes-councils
Startup Valuation — The Ultimate Guide to Value Startups 2022 https://medium.com/pro-business-plans/startup-valuation-the-ultimate-guide-to-value-startups-2019-a31cbdaebd51
Wednesday, December 6th 6:30pm ET
Guest: Krishan Arora
Why do you think founders fail to get funding?
Provide your responses in the Module 07: Fundraising Slack channel.
Post:
A book or article you’ve recently read that has influenced your thinking about assessing the market
A tool, framework, or website that has been a useful resource to your work.
Links to a news story with an entrepreneurs/startup theme, and your thoughts about it.
Questions your classmates might be able to help with.