You hear a lot in the media about _ raised a stage A round of x million, or ___ just got seed funding from a group of angel investors. But what's never explained is the stage that these companies / ...
It seems wasteful to have millions of dollars in a checking account, not fully covered by FDIC (I think it only goes up to $250K). Where do startups keep their unused cash? Pros and cons?
One of our advisors recently suggested we consider using "trigger events" for our second round of capital. Along the lines of "I'll commit $50K now and if you get to 25K registered users by 6/30, I ...