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Good fundraising advice for entrepreneurs
From Andrea Chang, head of StepOne’s US office:
“I attended a lunch-time chat yesterday with John Bautista (a partner at Orrick) and Des Cahill (an Executive in Residence at Plug and Play). They gave lots of really useful and interesting advice regarding how startup companies should approach their valuation. One piece of advice that seemed especially relevant for StepOne clients wanting to raise money in the US was to look at convertible debt as a much less expensive and complicated option versus equity. Helping our clients decide how to approach these types of decisions is what StepOne is passionate about!”
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I always wanted to become a very successful entrepreneur so i studied to become one.’*;