Simon Willison’s Weblog

Items tagged funding in Nov

Filters: Month: Nov × funding ×


How does one actually find Angel investors, when our business/startup is taking off and we need to grow fast?

The best way to approach angels is via introductions. To get introductions, you need connections to people who are known and trusted by angels.

[... 281 words]

Do all incubators / accelerators welcome their startups getting funding?

Yes. The goal of incubators and accelerators is to obtain a small amount of low-cost equity in promising companies and then help them grow and reach their potential.

[... 122 words]

If a startup has raised 10M, how much is it worth?

That depends on how much equity they sold for that $10 million.

[... 142 words]

In which case have you seen a non-tech sole founder rise to build a sustainable great company without a tech co-founder? How can this work? What are the steps/advice you would give to the non-tech founder?

Here’s a great write-up of his experience: From Selling Scoops Of Ice Cream To Founding ZeroCater | TechCrunch

[... 110 words]

I’m a developer, I’ve an idea, how to look for funding?

If you only need $10,000-$15,000 you should be looking at funding it yourself—professional investors very rarely get involved for that size of raise, and you probably wouldn’t want them to—giving up equity in exchange for so little money is usually a bad idea.

[... 90 words]

Can top VCs hire almost any employee they want for their portfolio companies?

There’s little a VC can do to convince someone to go and work for one of their portfolio companies that the company couldn’t do itself. They might hear about good candidates through their networks, but that candidate will still have plenty of other opportunities to chose from.

[... 117 words]

Is it worth it to give up equity in a seed stage company for something other than money? E.g. access to multiple consultants/mentors, as well as regional angel and vc groups?

Yes, but not very much equity. It’s reasonably common to give small (less than 1%) stock grants to members of your advisory board for example.

[... 75 words]

Is it worth accepting an investment from YCombinator if you have an established network in the valley?

Yes. Plenty of the companies in our batch at YC already had well established networks, and they still benefited enormously from the advice and introductions YC could offer.

[... 295 words]