Startup Funding Espresso -- Diligencing the Use of Funds
b'Diligencing the Use of Funds Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In diligencing the startup\\u2019s use of funds, check the following points: How much is spent on compensation? Is it appropriate for an early-stage company? How much is spent on sales, and does it align with the company\\u2019s sales strategies? How much is spent on marketing, and what assurance is there that the funds will be well deployed? How many new hires are being brought on, and when? How does this affect the company\\u2019s cash position? Does the plan miss any important requirements, such as filing full patents on the provisionals? Does the spend match with the growth strategy, and are the investors and team aligned on that strategy? It\\u2019s often the case the investors want one growth plan, and the startup wants to pursue a different one. Gaining alignment upfront on these issues prevents problems in the future. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \\xa0 Check out our other podcasts here: \\xa0 For Investors check out: \\xa0 For Startups check out: \\xa0 For eGuides check out: \\xa0 For upcoming Events, check out \\xa0 For Feedback please contact info@tencapital.group\\xa0\\xa0 Please , share, and leave a review. Music courtesy of .'