Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Thus the real discussion must start with who will be doing the work, providing the funding, and delivering results. Each cofounder should get equity for value, based on these key variables.
Is there anything more refreshing on a hot summer day than a cold refreshing drink? Onda is making this possible with tequila. The newly-launched spirits brand offers a line of canned sparkling tequila beverages that are each 5% alcohol, 100 calories, zero sugar, zero carb, and naturally gluten-free. CEO and Cofounder Noah Gray shares more about launching the brand in the middle of the pandemic, the shift to digital, and the company’s recent funding round led by 25madison.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/10/2020 featuring funding details for Skillshare, Uniswap, and much more.
Chaos followed for most businesses in the wake of the Coronavirus: the stock markets crashed, product demand fell and unexpected losses started to build up. Most businesses did everything they could to batten down the hatches to help them best weather the storm, including stopping all discretionary investments. But, should they have? Most great investors, like Warren Buffett, have been quoted as saying their highest return investments were made during the middle of economic downturns. So, theoretically, your highest return investments could be made right now, during the peak of the negative economic impact coming out of COVID-19. So, instead of retreating right now, you may be best served long term by accelerating your long term investment efforts, if you have the capital to do so. Allow me to explain.
The notable startup fundings for the week ending 8/8/20 featuring funding details for Krisp, Ginger, PandaDoc, and much much more.
After launching its award-winning soundproof Phone Booth, ROOM continues to explore new ways to reinvent the workplace and make certain the needs of today’s modern office workers are met. The company, founded in 2018, is in the midst of preparing for the launch of three new solutions designed for focused work and collaboration. The flexibility […]
Sandro Roco, self-financed Sanzo, an Asian-inspired sparkling water brand, for a few years, which meant (pre-pandemic) taking subways with a hand truck, Ubers at 6AM to beat traffic (and surge pricing) and meeting 1:1 with customers, retail partners, and suppliers. Today, the product is found in Whole Foods throughout the Northeast, available direct-to-consumer, and the business is profitable. Roco shares some insight into how the recent popularity of Asian culture in America inspired the launch of Sanzo, self-funding the company, operating as a solo founder, and the experience of raising capital primarily through angel investors rather than funds.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/6/2020 featuring funding details for Sanzo, Orum.io, and much more.