Last week I’ve done a sharing in CUHK for web startup for Engineering
Student, besides the sharing for school life and why a startup — I
did spent quite some time talk about the biggest mistakes in our 1.5
yrs startup life so far…
A decade ago, a company would need to raise a couple of million of dollars to create a new product and effectively bring it to market. Today that amount is dramatically smaller. The advent of cloud computing, open source software, platforms with APIs, and numerous other changes have lowered the cost of launching a new enterprise. For this reason, startup companies are now raising significantly less capital %u2013 and many investors have begun to focus efforts on this smaller early stage investment %u2013 which typically ranges from $500,000 to $1.5 million.
I want to eventually put together documents like these for the HK market. This could be a good reference for both those that are putting deals together and for those that are just trying to have an idea about how deals are put together.
