As e-commerce continues to grow in popularity, more and more startups are turning to venture capitalists for funding. However, there are a few things that these startups need to keep in mind before seeking VC funding.
First, they need to have a solid business plan that outlines how they plan to use the funding and how it will help them grow their business. Second, they need to have a strong team in place that has the experience and knowledge to execute the plan.
When you have an industry-disrupting idea, or even better, if you have already started an e-commerce business, this list may help you to find an investor that fits your needs.
What is a seed stage startup?
A seed stage startup is a company in the very early stages of development – typically pre-revenue. The company may have a product or service, but it is not yet commercially viable. The term “seed stage” refers to the early stages of a company’s development when it tries to find its footing and grow its business. Seed-stage startups typically have a small team of employees and a limited budget.
What is an early-stage startup?
An early-stage startup usually has developed a prototype that generates some revenue (post-revenue), but it might not be profitable yet.
Peter is a solopreneur in Salzburg, Austria, a husband, and a family father. He runs a little publishing company, and blogs about starting and running online businesses. In his spare time, he enjoys hiking with friends and reading the Bible, and sometimes he takes a trip in his roaring old black 2001 Jaguar XJ8.
