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Korean Entrepreneur and Founder SeriesOvercoming Business Hurdles
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About MeCEO and founder of Return on Change, an online funding platform for high-impact startups
Recovering investment banker in power and renewable energy finance
Organizer of KSE
Executive Director of CF50
Follow @RoCSpeaks www.returnonchange.com
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You have an amazing business idea.
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Now you need to get funding.
Needs FundingStartup
Need wealthy
friends and family
Family &
Friends
Time to go to
professional investors
VCs
Millions of “startups” are formed each year,
but only 1,500 startups get funded by venture capitalists in the US.
98% of business plans are rejected by VCs.
Where do you go?
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INNOVATION IS STIFLEDStaggering number of startups on the rise
LACK OF FUNDING OPTIONSVC funding in Q1 2013 was at an all-time low since Q2 2010
32.9%DECREASE IN SEED DEALS
28.0%DECREASE IN SERIES A DEALS
Traditional sources aren’t exactly working out.
Enter the JOBS Act.
Passed to create jobs and revitalize the startup industry
Lifts the ban on general solicitation and advertising in private placements of securities
Permits crowdinvesting
LIFTS THE BAN ON GENERAL SOLICITATION1
Use Social Media to:
Achieve Viral Growth
Tap Networks Beyond Your First Degree
Inspire Collective Brand Marketing
PERMITS CROWDINVESTING2
New Source of Previously Inaccessible Capital
There’s a new option for raising money.
Online Funding
Wealthy Friends and
Family
VC’s
Bottom Line:
Business Plan
Financial Model
Term Sheet
Right Platform
Incorporation
Transparency
What You’ll Need
Plan Ahead
Define the need
How big is the market? Who is your customer?
How are you going to make $$?
Who’s your competition? How are you different?
How are you going to brand your business?
Who are your team and advisors?
How are your investors going to make money? (Be CAUTIOUSLY
OPTIMISTIC)
How much money do you need to start?
Contact
Visit us at www.returnonchange.com
Read helpful articles at blog.returnonchange.com
Follow us on Twitter @RoCSpeaks
Like us at facebook.com/returnonchange
Email questions or comments to [email protected]
