Seed funding is the earliest stage of venture funding. It pays your expenses while you’re getting started.
Some companies may need no more than seed funding. Others will go through several rounds. There is no right answer; how much funding you need depends on the kind of company you start.
With seed funding, our goal is to get you through the first phase. This usually means: get you through the design and engineering process finalize marketing and branding and to the point where you’ve built something impressive enough to raise money on a larger scale. Then we can introduce you to later stage investors—or occasionally even acquirers.
We make small investments of resources, time and money in return for small stakes in the companies we fund. All venture investors supply some combination of money and help. In our case the money is by far the smaller component.
We also get the startups we fund incorporated properly with all the standard paperwork, avoiding legal time-bombs that could cause serious hassles and delays later. We introduce founders to lawyers who will often agree to defer payment for legal work.
An ICO, or “Initial Coin Offering” allows investors to support new initiatives using cryptocurrency and principles of crowdfunding. During an ICO’s crowdsale, participants purchase project-specific cryptocurrency tokens (or “ICO coins”) as a form of investment in the company. Just like an IPO, an ICO represents the first stage of a project going public.
Although ICOs represent a very new fundraising strategy, they’re already making a huge impact. In just over a year, they’ve raised over one hundred billion USD, and their popularity keeps growing.
We help founders deal with investors and acquirers. Yes, we can make introductions, but that part is easy. We spend much more time teaching founders how to pitch their startups to investors, and how to close a deal once they’ve generated interest.
In the second phase we supply not just advice but protection; potential investors are more likely to treat you well if you come from us, because how they treat you determines whether in the future we’ll steer deals toward or away from them.