Sora, an Atlanta based startup, providing live, virtual high school classes closes $ 2.7M of seed funding round. The round was led by Union square ventures. Village global, Rethink Education Fireboard Ventures, Peak State Ventures, Contrary Capital and Angel investor Taylor green were the other participants involved in the fundraising round.
The company, led by Co-Founders Garrett Smiley, Indra Sofian & Wesley Samples lays focus on live, personalised, project-based curriculum. It is very different from the traditional mode of learning and basically caters to self-driven learners. .....
A unicorn is what most people in the financial world call a start-up with a valuation exceeding $1 billion that is privately held. Home-sharing giant Airbnb, video game company Epic Games, as well as fintech companies Robinhood and SoFi are some of the most successful unicorns based in the U.S.
226 businesses currently belong to this exclusive club. These businesses together account for a combined valuation of $738 billion. In the United States, China, India, the United Kingdom , Germany, and South Korea, unicorns can be found. Nine years ago, there were only 4 unicorns in existence!
How is the astronomical growth accomplished by the world's fastest-growing tech startups? There's no definitive success formula, but there are important ingredients that can put the odds in your favour.....
So, you have a brilliant idea and you think you have got the whole idea figure out. You dream that one day your company will have a unicorn valuation but to reach this target you need to raise funds, which to many founders is a big obstacle. In this article, I intend to cover the basic knowledge most founders will need in their journey and this should not, in any way, be taken as a complete guide to fundraising.
Whatever the stage of your startup, whatever your goals, whatever your valuation, one thing remains in common; You need to create a fundraising strategy. A fundraising strategy outlines how you plan on going about raising funds.....
Term Sheets can be really scary for new startup founders; the biggest fear being not knowing the clauses that are used in it or the possibility of wrongly interpreting the terms involved. There is a high chance that you may not be able to negotiate from a position of strength if you are not aware of exactly what the term sheet is offering you.
This being said, it doesn’t necessarily has to be complex. The key is knowing what to expect, knowing what you want out of a term sheet, knowing what you won’t bend to, and of course having good representation to review all of the fine print involved in it.
In this article, I intend to cover some of the clauses that might be a slight bump in the road to successful negotiation.....
A lot of startups are springing up and to keep up with their processes they need funding. The biggest roadblock in funding can be convincing investors to fund your Idea. A pitch deck is seen as a way to grab the investors' attention with your business Idea. In this article I will try to cover how you can create a near perfect pitch deck which will in turn help you in the fundraising process
What is a pitch deck?
A pitch deck is usually 12-18 slides long and can be much longer or shorter depending on the business plan. It’s a brief presentation about your business plan and company to the investors.....
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