Archive For The “Money” Category

Why Raising Money for Your Tech Startup Is a Waste of Time

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Why Raising Money for Your Tech Startup Is a Waste of Time

Unless you live in California, New York, or another city full of investors, raising money can be a daunting challenge. Pitching to investors isn’t just standing in a room with a PowerPoint for 10 minutes explaining what your company does. It’s so much more. Yes you have to spend a lot of time creating the…

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What the Future Holds for the Philadelphia Technology Ecosystem

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What the Future Holds for the Philadelphia Technology Ecosystem

If you live in Philadelphia or if you move to Philadelphia and you start a new company, you’ll notice there are plenty of networking events that you can go to. During these events you’ll meet lots of wonderful people, smart people, passionate people, and you’ll hear a lot about the “tight-knit, tech community in Philadelphia”….

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How Online Dating is Fueling the Economy in America

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How Online Dating is Fueling the Economy in America

So you’ve been talking to someone on a dating site, either through email, text messages, or even on the phone, and you feel a connection. Well now it’s time to meet in person, and if you are a guy, you have to pick a place to meet, drive there, pay for gas and parking, then…

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What it’s like to Raise Money from Philadelphia Investors

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What it’s like to Raise Money from Philadelphia Investors

Let me start off by saying I love Philadelphia. I was born and raised in this unique city and have spent the better part of my years here. I also spend a lot of my free time volunteering my skills to the tech community to help spread awareness for countless startups. This includes filming events,…

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Seed Round Limbo: Why Getting a Signed Term Sheet Isn’t the Hardest Part

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Seed Round Limbo: Why Getting a Signed Term Sheet Isn’t the Hardest Part

I can’t tell you how many times I’ve been told that the hardest part about raising money is convincing a lead investor to give you a term sheet (and sign it). Ironically, it’s usually an investor who tells me this. Well I’d love to go back to all of those investors and tell them “Look,…

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The Top 3 Reasons why Raising Your First $1 Million is Difficult

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The Top 3 Reasons why Raising Your First $1 Million is Difficult

People think that once you raise funding for your business, that everything gets so much easier with money. That is the furthest from the truth and here are three reasons why: 1. Once investors fund your company, you will have to produce big results. 2. You will have a lot more responsibility and will need…

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