Showing posts with label Dissolve LLC. Show all posts
Showing posts with label Dissolve LLC. Show all posts

Notes on Raising Capital

Generate traction and revenue. investors portfolios last on average about 10 years. Don't loose control of the company by giving it away. There is more syndication going on (spreading the risk). Investors invest in a management. Capital efficiency means I am lean, this is key.

Business to Business is a market that gets allot of attention. "Nice to have" is a copycat. Be significant. 


Intellectual Property (I.P.) is a very important asset for your company. 

a Light IP is an app made with other existing tools. 

Women are 12% of all easy state investments.

Disrupt!!

NETWORKING is the #1 way of raising capital. Who do I know?

 Los Angeles wants revenue and content, Silicon Valley wants tech and New York wants eyes.

What investors are looking for?
1. Management Team
2. A unique Idea in an empty space.
3. A breakthrough idea
4. Scaleability, it has to scale.
5. Defensability. Patents, Intellectual Property, Trademarks, Corporate Structure (Corp, LLC) 

How to Pitch Investors?
Prepare with:
10 Slides
20 Minute
30 point type

In reality, expect to get 3-6 minutes. Sound-byte it. Turn a 30 second pitch to a 60 second "tell me more".

Investors care about the deal. What is the valuation? How does the technology work? Why is it unique, and how can I prove it?

Assume my pitch will save their portfolio.

When choosing your investment partner, do your research! 

The Terms

What  are the terms? Whats your term sheet like?

Alternative forms of raising capital?
Strategic partnerships, revenue creating deals. (I'm a huge fan of this)

Take money as late as possible. Ask for enough capital to keep going.

Super angels make bets.

VC's grow their portfolio.

Closing or Dissolving your Limited Liability Company (LLC) or Corporation

If your Limited Liability Company (LLC) or Corporation is no longer in business

States have laws related to the dissolving your entitiy.Business entities that have been filed have compliance requirements even when the company isn't actively engaged in business. As long as a company is filed with a Secretary of State office - even if it is not in good standing, it is considered to be in existence.

To stop fees from being incurred and to legally protect yourself, it is important that you formally and legally dissolve,withdraw (foreign filed entities) or cancel your business. If you fail to do so, the state could continue to assess fees on your business entity, and in many cases, the principals of the entity could be personally responsible for fees or taxes – or held liable for unforeseen actions against the company.

Legally ending your entity protects you from these kinds of events.

The Process

Fill out the online order form on MyLLC.com®

MyLLC.com® will prepare and file your necessary documents to dissolve/withdraw/cancel your entity.

Once MyLLC receives the filed certificate of dissolution, withdrawal or cancellation from the secretary of state, they will prepare a final packet and mail it to you.

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