Raising Money for Technological Startups

Raising Money for International Tech Start-ups

•Private funding sources want access and control

–Extremely hard for a foreign based firm

•Best to work to create a joint venture or subsidiary in the target market

•Look for government programs promoting partnerships—eg of EU RYME project

•Need to be meeting a market need

Why do you want VC funding?

•Only a tiny percentage of ideas get VC funding

•10 in 2,300 for a typical Silicon Valley firm

•Looking for 10X return, control and exit

A Better Route?

•Customer focus

–sales lead to ability to borrow

–expand through debt financing

–Gain profitability and finance further growth with cash

•Depends of course on the product fulfilling a market need