Discover New@Mrigank's

A small recap- You have build your product, you have a small but meaning full team, who is chugging along with you and working as hard as you are, you have a co-founder which as strategically involved as you are and you have money from your elder brother and an angel investor. You have a valuation of 12 crores and a well distributed pie chart. By the dilution which has happened in recent past, is it healthy? It is good too and bad too. Good because you have a larger chunk of money to utilize and bad because you have lost certain amount share and hence control over the company. Now your employees, your co- founder, elder brother and the investor will have right to say in most of the decisions.  But that’s alright as you are the boss and you will always have the last say till you own major chunk of your company. But make sure, you involve those people only who respect your work, your product and your plans rather than shoving their plans in your mind. So, what now? ...

Opening a startup teaches you many things and researching over some taught me many things. Equity sharing is one of those learning. Let’s start a hypothetical startup called “DiscoverYou”. It has been started by you and you have done some initial work on it like some market research or initial product designing. It looked amazing and you thought about going forward with it with whatever money you have right now. Let’s us discuss the stages involved in my first article of two article series- How to manage your equity? Stage1: Your Company is still un-registered, but you have started gaining some value out of it. You look happy and have not thought about equity yet. Don’t worry just chug along for some time and enjoy the feeling of being your own boss. :-) Stage 2: Phew! It’s harder than you thought. What to do? Idea, let’s get a co-founder. You find someone who can help in making the prototype little better and is as crazy about your idea as you are for it. You find som...

Your company has zeroed in on a product or service; you have a nice team of young, fresh and energetic people who are raring to go, a cool company name and a thought after logo for the same. But, where is the money to start? This might or might not work with your pocket money or your dad being generous enough to increase your pocket money to experiment on something. Some actually do!! Let us share some knowledge about finance, in a broader prospective, from which a young budding entrepreneur would want to start her business from. Seed Capital: This is little different from other finance you can look for when you are little confused or don’t know where to start. Some venture capitalists are happy to fund you; if you need some more time to  organize  your product or company. The amount is just enough to hire some people, do some research in the market, get your things organised and up and running. Startup capital: The things look settled now. At this stage yo...