You’re in the wrong thread.

You want the “My idea is genius, but I can’t tell you about it” thread.

Sorry, didn't see that thread

Because no one cares about your super top secret super brilliant sure fire win that you can't really discuss but we're all missing out on

Pokerhero, "your friend" wink wink

You can expect ̶e̶a̶r̶l̶y̶ investors to offer nothing. Imvestors on the other hand love themselves a good sack of magic beams

Didn't mean to offend anyone. I was simply trying to ascertain what kind of a bargain early investors are looking for.

It wasn't my idea. I'm only an advisor at this point so I'm trying to give the guy some decent advice that some here may be able to provide. I could always plug it into a IRR spreadsheet and use that as a baseline. But that would not reflect what equity % the investors would want.

If anybody is familiar with a rough formula that angel investors use that would be great. Thanks in advance.

there's lots of them

There really isn't a generic go-to formula for angel/seed round investing per se. It largely depends on the industry, since the industry is what typically will lead to the smartest justification of valuation (multiple of earnings, revenue, blended run rates etc.) In that vein, early stage startup investment discussions typically begin with the valuation (which can either be concluded on now or punted on, such as the case is with your standard SAFE agreements.) As a very general investment framework, the vehicle start with a consideration of the debt/equity pathways. If the financial framework you shared is accurate than a debt/equity convertible model could (should) be considered. This de-risks the investors position a little while allowing for flexibility towards finding future alignment on the equity side. the equity piece (format, expected % range etc) under a convertible note (and/or SAFE agreement) can be different than just a straight equity pathway. More broadly the investors are also going to expect that the founders have raised a seed round of financing and/or put in their own capital. Lastly, coming up with a thorough and easy to understand UoF (use of funds) will be critical so the investors can see what the various tranches are going to be used for and how long their money will keep you afloat. Personally, I prefer to punt on the valuation discussion as long as I can (tax implications) and typically split between standard junk equity/founders stock as well as some form of a warrant (if no debt option is involved.) My advice is look into SAFE agreements and consider debt/equity convertibles as well based on the metrics you provided.


FWIW my company has taken equity in about 45 startups over the last 8 years (not SMBs and/or franchises, but true new ventures); 8 full exits, 25 failures and the rest are ongoing. Beyond that I've advised and provided services to help 150 more startups launch over the same period of time.

Is there any software that can analyze your inbox and try to assign a priority on the emails you should reply first?

It could be based on time elapsed since reception, "grade" of the sender, people you usually respond quickly to, and a million other metrics. Basically some sort of learning algorithm that would simply sort emails based on an educated guess of urgency.

There should be some kind of service that does your taxes for you.

https://lifehacker.com/email-priorit...king-to-400639

From 2008

How about a cartoon show featuring a cartoon badger. Has anyone tried that?

genetically engineered grass that only grows an inch or two max height.

How about grass that cuts itself? That way it still gets that fresh cut grass smell.

You could also have a lemon scent varietal for those that don't like the smell of grass.

Cha-Cha-Cha Chia!

Spam will not help this, but if you pivoted to picking famous traders, and tracked their daily performance instead, it would be more interesting.

An sba loan pre-approval service.

Crapping in a hole outdoors sucks (backpacking, rustic camping, hiking, etc) sucks. There's only one thing good about it. You can grab a twig and scrape out any clingers on before wiping - which helps because TP is often at a premium when you're out in the woods.

Has this ever happened to you? You go to wipe and realize you just smeared half a turd into your butt and are gonna need about 20 more wipes before the TP comes back clean (LFS excluded).

So what if you could bring the poop twig indoors? Flushable disposable poop "twigs" made out of some kind of condensed TP or anything that dissolves in water. They pay for themselves in toilet paper many many times over!

so taking toilet paper and shaping it into twig form somehow costs less than just paying for toilet paper?

You need to get your diet straightened out

Less than 20 wipes at like 12 squares per wipe? Yes.

I can't be the only one who occasionally gets those movements that are somewhere between the consistency of nutella and a melted milk dud.

here's a suggestion: if that's your thing, do the same thing you do outdoors and do it indoors. twigs should be free to collect, just treat your 'spent' twigs the same way women treat their feminine product, toss them into the trash when you're done. why you gotta flush them?

Gross. I don't want a trash can full of poop twigs.

dude, either change your diet or get yourself a bidet and be done with it.

So everyone else's but me just come out as neat little shrink-wrapped bundles? Right.