Showing Results For Category: Raising capital
Following the update on 12 July 2011, users can enable micro funding rounds and raise capital in ten milestones. For existing funding rounds, some have been converted into ‘mixed’ rounds. Mixed funding rounds will not use the new system of milestones, and will require the entire round to be closed. If a user wants to… Read more…
Regarding the funding round, you can monitor the amount committed through micro investments and direct investment proposals. Direct investment proposals will also need to be approved or rejected by the entrepreneur. You can also monitor how much interest your startup profile has generated, in terms of viewers and ratings by other members.
The global community has members from over 190 countries and therefore your audience may be highly international. After getting connected, you can always utilize Skype or other modern channels to get acquainted and introduced. There is a large amount of information and communication that can be gone through via Skype. Once you reach a certain… Read more…
No, there is not. As long as your account is active. Do note that the investment process can be lengthy, therefore it is good to be geared for the long-haul and focus on incremental progress.
Sure. It’s your startup and reaching the relevant audience is important for attracting attention.
When you start a new funding round you can receive micro investments or direct investment offers. The micro investments are directly counted in the amount raised visible on the startup profile, the direct investment offers are calculated only after the startup accepts them. Naturally, you can choose to not accept a direct investment offer as… Read more…
On this page you can see your current funding round and what opportunities you are offering. You can create a new funding round by clicking “new” or then a new service opportunity. When enabling a funding round, you will need to specify how much equity you are willing to give (“Equity”) in return for how… Read more…
Think of the virtual Silicon Valley as any real life location – what would you pursue in real life and how would it apply to online? Here is a blog post we did on “5 Ways to Initiate The Crowd in Crowdfunding” Here are the topics covered in that blog post, make sure to read… Read more…
In order to be marked as “looking for funding“, you need to activate a funding round. You can do this by clicking “edit” on your startup profile, then clicking the “offerings” tab and selecting create new.. funding round. There you will be prompted to specify details regarding your funding round.
The only commission Grow VC takes is on the returns generated by the micro investments. Even in this case, commission is only earned upon successfully generated returns, i.e. Grow VC wins only if the startups and members win! This means that direct investments and professional service investments are free of commission.
If the funding of a project fails, i.e. it does not successfully raise the amount to close the funding round, the direct investments will not be made. Since the investments in the platform are only intentions, these intentions will simply be called off and any commitments will be canceled. No money changes hands in the… Read more…
It is taken into account, but it requires that the startup accepts the investment from the investor. This is why it may not show immediately on the startup profile.
Our legal stand point is that we only facilitate the process and provide the tools, the rest is up to the community. This means that users are responsible to follow your local legislation and live up to best practices.
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… Read more…
It is a marketplace of entrepreneurial individuals! Entrepreneurs can find relevant people for their ventures, information on investors, other companies and important matters to manage in the fundraising and funding process. Further for entrepreneurs, visibility in the right crowd is important and being on the “investors” radar in a global community, can open doors in… Read more…
Startup companies can use the service to get information on fund raising, getting feedback and finding contacts to useful people like investors, lawyers, and advisories.