Comments on: How Much Should I Look for in My Seed Round? http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/ Entrepreneurial Leadership and Management . . . and Other Stuff Sun, 05 Feb 2012 18:29:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: How To Figure Out How Much Seed Money You Should Raise | TechsZone http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103981 How To Figure Out How Much Seed Money You Should Raise | TechsZone Mon, 09 Aug 2010 12:50:45 +0000 http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103981 [...] Corporate Director at StillSecure and TrustPlus, as well as a mentor at TechStars. This post was originally published on Will’s blog, 2-Speed. It is republished here with [...] [...] Corporate Director at StillSecure and TrustPlus, as well as a mentor at TechStars. This post was originally published on Will’s blog, 2-Speed. It is republished here with [...]

]]> By: Will http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103946 Will Wed, 21 Jul 2010 23:04:37 +0000 http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103946 It's too difficult to come up with a single template. It depends on your market and business. A software company will have expenses greatly driven by headcount while a hardware company will have its expenses driven by manufacturing costs or inventory. A life sciences company will have testing and licensing costs and a consulting company might have travel costs. <br><br>Think about the basics and relate them to what you do. Salaries, rent, computers and such general drive initial cash output. What's the next stage and how will things change? How many people will you need and what help will you need from the outside. It's pretty straightforward, but it does involve a fair amount of guessing. Make the guesses. You'll improve the spreadsheet as you go along.<br><br>Good luck with it. It's too difficult to come up with a single template. It depends on your market and business. A software company will have expenses greatly driven by headcount while a hardware company will have its expenses driven by manufacturing costs or inventory. A life sciences company will have testing and licensing costs and a consulting company might have travel costs.

Think about the basics and relate them to what you do. Salaries, rent, computers and such general drive initial cash output. What's the next stage and how will things change? How many people will you need and what help will you need from the outside. It's pretty straightforward, but it does involve a fair amount of guessing. Make the guesses. You'll improve the spreadsheet as you go along.

Good luck with it.

]]> By: Eddyelo http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103945 Eddyelo Wed, 21 Jul 2010 22:58:21 +0000 http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103945 Great Post. Please need your help on this subject...could you post a template (spreadsheet) that can help startups like mine arrive at reasonable projection for how much they really need?? Thanks. Great Post. Please need your help on this subject…could you post a template (spreadsheet) that can help startups like mine arrive at reasonable projection for how much they really need?? Thanks.

]]> By: Senith @ accounting tutor http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103944 Senith @ accounting tutor Tue, 20 Jul 2010 11:00:06 +0000 http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103944 Will,<br><br>Thanks for sharing. Nice clear and helpful guidelines. Chris Dixon also has an interest posted. <a href="http://cdixon.org/2010/07/05/its-not-that-seed-investors-are-smarter-its-that-entrepreneurs-are/" rel="nofollow">http://cdixon.org/2010/07/05/its-not-that-seed-...</a> Will,

Thanks for sharing. Nice clear and helpful guidelines. Chris Dixon also has an interest posted. http://cdixon.org/2010/07/05/its-not-that-seed-…

]]> By: Will http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103926 Will Wed, 14 Jul 2010 00:13:33 +0000 http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103926 Excellent point, Bill. I like the multiple views of accomplishment: "show the teams, the markets and/or the technology's real capabilities." Excellent point, Bill. I like the multiple views of accomplishment: “show the teams, the markets and/or the technology's real capabilities.”

]]> By: Bill Botts http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103921 Bill Botts Tue, 13 Jul 2010 02:04:06 +0000 http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103921 Good advice. The key is identifying some real and important accomplishment milestones that can be executed and that show the teams, the markets and/or the technology's real capabilities, they step up the valuation and raise more to get to market. Good advice. The key is identifying some real and important accomplishment milestones that can be executed and that show the teams, the markets and/or the technology's real capabilities, they step up the valuation and raise more to get to market.

]]> By: Will http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103919 Will Mon, 12 Jul 2010 17:17:15 +0000 http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103919 Thanks Alex, very kind of you. I've thought about it before and have had several proposals from people to collaborate on such a book (real or virtual). I've never had the time to focus on such a thing, though. One day I hope to reorganize this blog to be a better "Bible" and resource to entrepreneurs, though. Thanks Alex, very kind of you. I've thought about it before and have had several proposals from people to collaborate on such a book (real or virtual). I've never had the time to focus on such a thing, though. One day I hope to reorganize this blog to be a better “Bible” and resource to entrepreneurs, though.

]]> By: Alex Martsynovskyi http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103916 Alex Martsynovskyi Mon, 12 Jul 2010 13:46:50 +0000 http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103916 Thx good post. Will, you ought to write something like the Bible for the entrepreneurs. Thx good post. Will, you ought to write something like the Bible for the entrepreneurs.

]]> By: Hybrid Car Comparison: Which Hybrid Car Should You Choose | Autos 24h Blog http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103915 Hybrid Car Comparison: Which Hybrid Car Should You Choose | Autos 24h Blog Mon, 12 Jul 2010 05:01:59 +0000 http://www.2-speed.com/2010/07/how-much-should-i-look-for-in-my-seed-round/#comment-103915 [...] How Much Should I Look for in My Seed Round? « 2-Speed [...] [...] How Much Should I Look for in My Seed Round? « 2-Speed [...]

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