30 Fundraising Terms Entrepreneurs Need To Know [Forbes]
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Source: Forbes
30 Fundraising Terms Entrepreneurs Need To Know Shutterstock wutzkohphoto/Shutterstock.com Ready to begin fundraising for your startup? Make sure you know these terms first. Don’t blow all your hard work and potential by completely flopping on basic startup fundraising terminology. Know these words and lingo so you can pitch and walk into investor meetings sounding like a pro who has done their homework. In simple terms, here are thirty of the fundraising terms you need to know before you step out there seeking financing for your business. 1) Runway 2) Term Sheet 3) Milestone 4) Burn Rate 5) VCs VCs only look at pitch decks nowadays so forget the business plan. For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel ( see it here ) that I recently covered. Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash. Moreover, I also provided a commentary on a pitch deck from an Uber co
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