Ask Jay

Hosted by Jay Adelson.

Entrepreneur, CEO, and business owner Jay Adelson (Equinix, Digg, Revision3, SimpleGeo) demystifies the start-up process by providing advice, tips, and answering questions. Ask Jay how to turn any business idea into reality: askjay@revision3.com, @jayadelson, or http://youtube.com/askjayadelson Read More

What Are Funding Rounds?

Thursday, September 22nd, 2011 – running time 08:00

Successful entrepreneur and CEO, Jay Adelson, demystifies the start-up process by providing advice, tips, and answering questions. Today he discusses the nomenclature around raising money and what the different "rounds" of funding are called and why.

Jay's Chalkboard Notes:

- Events where you raise $$

- Lettered A, B, C, etc

- Seed is a round

- IPO is also a round

Seed/Angel Round:

- Typically fewer rules about $$

- Unanswered questions, early speculation

- Expect great returns later

- Smaller investment

"A" Round:

- Early stage VC

- Sets precedence for later rounds

- Get a corporate attorney

- Can be one or many investors

"B" Round:

- Investments are bigger

- Investors need to see growth/traction

Today's Homework Assignment

How much money do you need?


Book Recommendation: Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist

05:41 | Play

Audible

Audible.com is the leading provider of downloadable digital audiobooks and spoken word entertainment. Audible has over 75,000 titles to choose from, to be downloaded to your iPod/MP3 player and played back anywhere, anytime. Choose from books in every genre, science fiction, thrillers, drama, comedy, business, history and more. Go to audiblepodcast.com/askjay to get a FREE Audiobook-download of your choice when you sign up today!


Have a question about launching a business that you want answered? Submit them to askjay@revision3.com, or upload a video question on our YouTube page. And make sure and follow Jay via Twitter.

About the Show

Details
Show Title:
Ask Jay
Description:
Entrepreneur, CEO, and business owner Jay Adelson (Equinix, Digg, Revision3, SimpleGeo) demystifies the start-up process by providing tips and answering questions. Ask Jay how to turn business ideas into reality!
Categories:
How-To & DIY, News & Politics, Technology & Gadgets
Launch Date:
Aug 9, 2011
Episodes: