Question
Let’s say I’m incorporating a new startup as a C-Corp with 10 million shares at a value of 0.001 per share. I’m incorporating a C-Corp because I’m planing to raise funds in the short term.
Because I’m starting the start-up with my money and I’m planing to bootstrapping at least for 6 months, my question is about: in what moment I fund/inject the startup with my money?
1) Let’s assume I wanna own 60% of the start-up. Do I have to deposit $6,000 in the start-up bank account?
2) Assuming the (1) it’s correct. Let’s assume in the sixth month I need to inject more money to the start-up from my pocket again. What happen if I want to add more money to the startup? that shares change their value?
Do you have any links for on-line courses or books about this topic?
Answer
When it comes to finances, i'd suggest to not assume much. Financial discipline is imperative for any startup to succeed.
Following points would be helpful for you to begin with
1) keep a close watch on cash flow management
2) work lean and keep liabilities to a minimum
3) spend capital with a well defined measurement of ROI
You may want to check out the following course on Udemy
https://www.udemy.com/startup-launchpad-masterclass/?couponCode=MASTERCLASS
Also, you may want to schedule a call and i'd be happy to support further
