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What’s FinTech, And What Does It Mean For Your Business?

YoungUpstarts

Some claim that all possible interactions of finance and technology, which I guess includes credit cards – the 1950’s invention, are FinTech. in 2016, and is expected to raise $46B of annual funding in 2020. There’s no longer a need for aspiring entrepreneurs to visit banks or even seek for investors to get financed.

Ruby 210
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Financing Your Business During COVID-19

Up and Running

Many small business financing options feel as though they have evaporated in the wake of the crisis caused by COVID-19. 2020 Will Be An Interesting Year For Small Business Financing. In the aftermath of the Financial Crisis of 2008, many lenders reduced their customers’ credit lines or canceled them completely.

Finance 136
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Strategy Roundtable: Open Opportunities in Cloud Computing and Rural BPO

ReadWriteStart

I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). In 1M/1M, our preferred financing strategy is customers. Because customer financing equals revenue, not equity.

Cloud 115
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Strategy Roundtable For Entrepreneurs: Incubators Are Reaching Out To 1M/1M

ReadWriteStart

Meanwhile, financing the company will be quite challenging, and I advised Satya to manufacture parts based only on signed contracts and advances against orders, to avoid getting into an inventory-rich, working capital-poor situation. From 2008 to 2010, Mitra was a columnist for Forbes. These resellers buy devices from the U.S.

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Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

I will work with him on his inventory financing strategy. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ). JCLABoutique.com. Photo by brokenarts.

India 114
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Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I Our discussion today was largely around her financing strategy, and one of the key milestones that I probed her on was: What does it take to get a validated customer? Sub-$2 million pre-money, it is better to bootstrap.

Valuation 119
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How To Disrupt The Investing Business, With Katina Stefanova (Ex-Bridgewater Management Committee)

David Teten

Technology innovation, globalization of markets, and recent market volatility such as the 2008 market collapse are driving painful changes (for some) in the asset management industry. Katina Stefanova : Investors lost a lot of money in the 2008 crisis and became far more concerned about the risk profile of their portfolio.