Every paid profile is screened, but Startup profiles undergo strict scrutiny, where we evaluate the founders profiles and then go through the profile of the startup and follow-up on the business. During the closing, a double check is then also performed as a standard procedure by the certified partners.
Archive for the ‘FAQ’ Category
Wednesday, June 9th, 2010
Wednesday, June 9th, 2010
The money is not actually exchanged within the service. Only after the amount the startup is looking to raise is reached, does the procedure go into closing. Then it is transferred to our certified partners to handle, for example a law firm depending on where the deal is, where they go through normal procedures and draft the closing documents.
Friday, June 4th, 2010
Making micro investments or community fund investments is one core function in the Grow Venture Community. Paid subscriptions retain 75% of the membership fee, that they can freely allocate in any startups within the community, as they choose.
You can invest your community fund into promising startups by identifying a startup that is looking for funding, selecting “make an offer” and by then choosing “from the community budget”.
Wednesday, May 26th, 2010
No, there is not.
Monetary transactions only take place once funding rounds are closed and those are handled by professionals in the Grow VC partner network. All signals of money flow within the service, for instances suggesting an investment target for your part of the community fund, these represent intentions to invest, not investments.
Monday, May 24th, 2010
Direct investments can be made between a funder and a startup, but Grow VC does not take any commission on this investment. Therefore we do not disclose or publicly monitor this information, we believe it is between the startup and investors to decide upon.
Monday, May 24th, 2010
This may be because your startup is not published!
Only users with entrepreneur profiles can create and publish startup profiles. Others can create them, but they will not be visible until an entrepreneur profile is activated. You can apply for an entrepreneur role by going to your “account” and clicking “add a role”.
Monday, May 24th, 2010
The fundamental idea is to create the core platform, i.e. the investment community, then open the platform up for developers and let it sprout into the most innovative solution possible. This is only possible together, after all we are creating a global movement.
Monday, May 24th, 2010
From the very inception of Grow VC, the idea has been to create a modern solution to provide an efficient funding platform on a global scale. After receiving confirmation from industry professionals, we were sure partnering up with passionate actors around the world would enable us to achieve our goal of creating a true fertile ecosystem. Local platforms gain all the benefits from the global Grow VC community, but can customize their platform to cater to a larger audience, e.g. include more industries.
If you are interested to run your local network in our platform, contact us via partner@growvc.com
Monday, May 24th, 2010
An expert in the community is someone with professional competence that can be useful to startups. Examples include auditors, lawyers, investment bankers, technology professionals etc. Experts can make professional service investments to startups, investing their working time instead of capital into that startup. By providing professional services in the Virtual Silicon Valley ecosystem, startups gain tools needed for success!
