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Starting Up: What's the best Momentum to finance my Start-up? What are the key points that must be in place before opening equity or trying crowd fund it?
BK
BK
Bryce Kaiser, Tech entrepreneur. answered:

Without knowing the details about your start-up (sector / timelines / team / product or service) it is tough to give a concrete answer. But here are some good rules of thumb.

1) Know your story
Before any investor comes on board, you need a clear story to tell. What is your big idea and how does capital get you there?

2) Demonstrate traction
Proving that your product / service is successful on a smaller scale is a must have. A start-up without any traction is too dangerous for an investor and not interesting enough for crowdfunding.

If you would like to talk in more detail about how to tell a convincing story, or to demonstrate traction, give me a call.

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