Would you sign a personal guarantee if you have investors?

By Dave Berkus, Chairman Emeritus, Tech Coast Angels

It’s a fact of life that a banker, lender or lessor will ask for a personal guarantee from the founder or entrepreneur most every time. But what if you’ve diluted your interest from 100% to something less than 50%?… Read the rest

Could you have created a “dirty cap table?”

By Dave Berkus, Chairman Emeritus, Tech Coast Angels

Oh, I know. When you started the business, you took investments from friends and family in small amounts just to get you started.  Of course, that worked at the time.  But…

Enter the need for larger investments

When you seek professional investors, whether organized angels or venture capitalists, one of the early questions you are asked is “How have you financed the business so far?”  Investors love to see entrepreneurs who have used their own money to ignite their businesses.  But often, entrepreneurs turn to others for initial capital.… Read the rest