How much of a business should go to investors?

By Dave Berkus, Chairman Emeritus, Tech Coast Angels

Financial History and Projections

Let’s start with the basics. If you are investing in a going business with a track record of revenues, then the importance of accurate current financial statements cannot be overstated.… Read the rest

Could the company have created a “dirty cap table?”

By Dave Berkus, Chairman Emeritus, Tech Coast Angels

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

Enter the need for larger investments

When an entrepreneur seeks professional investors, whether organized angels or venture capitalists, one of the early questions 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. … Read the rest