Is Your Startup Positioned in The Funding Gap?

By Tim Berry

Nice post by Bill Payne called The Funding Gap on the Gust.com Blog. Here’s the summary: It is clear from this table that Friends and Family, Angel Investors and Venture Capitalists provide 95% of the capital for new ventures. Friends and Family typically invest a few thousand to perhaps $10,000, and only a small number of... Read More »

Only Two Numbers Matter

By Tim Berry

This is Howard Morgan, managing partner at First Round Capital, serial entrepreneur, and former professor at Wharton. He says: If you have a business that’s based around the internet, there are basically only two numbers you need to know: what’s the cost to acquire a customer, and what’s the lifetime customer value. If the lifetime... Read More »

3 Financial Statements and 3 Angel Investment questions

By Tim Berry

I’ve been busy elsewhere this week, but managed to post two things I’d like to make available to you on this blog, because this is my main blog: My monthly column on entrepreneur.com came out today, summarizing the three financial guestimates every business plan needs. That one gives you a quick summary of the income... Read More »

True Stories: One Good and One Bad Answer to Investor Q&A

By Tim Berry

We talk about the slides, and what they cover, but some of the more important moments in business pitches I’ve seen are not about slides, or plans, but rather about the people themselves, and how they respond. For example, I posted last week on gust.com about two radically different ways to handle questions about financials.... Read More »

A Great Case for Innovative Angel Loan Financing

By Tim Berry

I was reminded yesterday that sometimes the best financing for an emerging startup is innovative loan financing, from savvy investors, rather than straight investment or commercial borrowing. The reminder came in an email from an entrepreneur named Terry (not the real name) who included two PowerPoint pitch decks: one for seeking venture capital, the other... Read More »

Gust Streamlines the Angel Investment Process

By Tim Berry

Are you hoping to find angel investment for your startup? Are you looking to invest in startups? Go look at gust.com. It’s a better-than-ever first step. Gust, is the new platform launched last week to replace angelsoft.net. The angelsoft.net platform is used by 600 angel investor groups, 35,000 angel investors, and 125,000 startups. Gust.com is... Read More »