If you are contemplating equity financing for your company, a key question is: Are you ready?
This 20 minute video takes you through an in-depth look at the five related questions you need to answer before you can definitively say that yes, you are ready! Those questions are:
- Is equity right for you?
- Have you achieved business model validation?
- Do your business metrics show momentum?
- Are you ready for the grueling 12 Steps of Equity Financing?
- Are there investors who are ready for you?
In question one the video refers to our post “Bootstrapping vs. Venture Capital: 19 Questions To Ask.”
In question two the video refers to Steve Blank’s video “Moneyball: The Investment Readiness Level.” If you want to skip the intro to Customer Development and the program with the National Science Foundation, jump ahead to 15:25 to learn about the NASA Technology Readiness Level and how Steve Blank translated it for startups.
Question four refers to videos on the 12 Steps of Equity Financing. Click that link to watch… when you’re ready!