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Revisiting Paul Graham’s “High Resolution” Financing

Both Sides of the Table

When I first read Paul Graham’s blog post on “High Resolution&# Financing I read it as a treatise arguing that convertible notes are better than equity. “A startup could also give better deals to investors they expected to help them most&# – That is a quote from Paul on the “high resolution financing&# post.

finance 286
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How would you break down the process of raising an angel round of investment in 5-10 steps?

Gust

Blindly sending your business plan to every single angel and VC in the world will have zero effect, and simply clogs the system while annoying everyone. Seriously consider applying for funding from your local business angel investment group. Your goal in all this is to try to find a lead investor.

investing 164
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What are the most valuable recommendations in order to raise money from VCs connected via Gust?

Gust

To begin with, it is important to understand some basic facts about the world of entrepreneurial finance: There are many more entrepreneurs than there are investors, with the result that only one company out of every 400 that seeks venture funding actually receives it. This will almost always be the best approach to an investor.

VC 159
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Is this the year that we get our dream back channeling platform?

TechCrunch

The SaaS-friendly fintech platform emerged from stealth this week with $150 million in debt financing and $11 million in seed funding with a Stripe partnership. Has Y Combinator’s new deal changed the early-stage investing game? 5 essential factors for attracting angel investment . Image Credits: Bryce Durbin/TechCrunch.

SaaS 101
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MAGIC Fund raises $30M to scale its global founders-backing-founders fund

TechCrunch

Olubusi, who had built and exited a couple of startups over the years, also dabbled with angel investing for some time. It was there he met more founders like him who were angel investors with impressive portfolios. Each founder wanted to invest in other companies during YC’s Demo Day. The interesting bit?

founder 130
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One of Nigeria’s high profile angel investors is launching a fund for African startups

TechCrunch

Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Since he began angel investing in 2014, Soyombo has invested in 33 startups, including Stripe-owned Paystack , PiggyVest, and TeamApt. It’s funny how things have changed since then.”

startup 109
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Ycombinator - Where unicorns are born

Don Dodge

Angel investing in tech startups is a gut wrenching and risky business. Most of them lose, but sometimes you invest in a “unicorn” and make 100 times your money or even more. I remember the Demo Day in 2007 where DropBox presented to about 30 Boston area Angels and Venture Capital investors.