OpenUp: Is This Investable?

Other Organizers

Tara Spalding
Tara Spalding
Website
https://boomstartup.com/shop/mentor-session-tara-spalding/

Tara Spalding Managing Director, BoomStartup Accelerator Tara Spalding is Managing Director of BoomStartup Accelerator. BoomStartup is an accelerator and mentorship-driven angel-stage investment program for startups. It operates as an online technology-driven accelerator, providing entrepreneurs a custom business plan including business maturity guidance, investment preparation, and capital structuring relevant to growth, and investment strategies as well as a curated marketplace for services. Tara is also the founder of Hen House Ventures, an early stage incubator that helps tech companies rapidly scale when entering massive markets, and is also on the board of trustees for VentureCapital.org. Tara is the recipient of the 2020 Utah Business 30 Women to Watch award. Tara began her high-tech career in Silicon Valley when she taught herself to code software and became the first employee, and eventually VP of marketing at industry leader, SugarCRM. Her Silicon Valley experience included roles as CMO at GroundWork Open Source, VP marketing at Magnet Systems, and co-founder and CPO at BenchPick. Tara received her bachelors from University of Colorado, Boulder.

Category

Location

On-demand Recording

The most commonly asked question our accelerator gets from founders is “Is my company investable?” It’s a complicated ask that triggers several follow-on questions before a general answer can be given.

First, all investors want to make a significant return on the capital that they are providing to the founder. They want the startup to exit in the likely near future.

Second, investors will be evaluating you, your company, your innovation, and your go-to-market plan to see if your plan makes sense and has a decent opportunity to succeed.

Third, investors will likely compare your investment opportunity to others, so you should be well aware of how your business is performing compared to other similar companies.

Fourth, investors will be evaluating the startup’s short and long-term capital needs and their ability to properly support your company through these growth phases.

This workshop is an open conversation with two veteran angel and early-stage investors on their approach and thoughts on what makes a company investable. Meet Robert Bell and Andy Jorgensen, BoomStartup mentors and investors provide insight on startup readiness for funding.

WEBINAR FORMAT:
This is a recording of a conversational webinar.

WHO SHOULD ATTEND:
First-time entrepreneurs who are considering raising capital in exchange for equity

FEE:
$0 to attend

FORMAT:
This is a recording of the virtual webinar interview hosted through Zoom

EXPERTS:
Robert Bell, Andy Jorgensen, and Tara Spalding

Meet The Experts

ROBERT BELL, Venture Partner at Ideaship, Lead Organizer for 1 Million Cups Salt Lake City, BoomStartup Mentor

Robert has coached 100s of founders, startups, and executives all along the stages of their journey, from napkin sketches to companies doing $5B in annual revenue. He has been a founder, co-founder, adviser, partner, coach, consultant, and investor and has been able to use his background in entrepreneurship, management, and engineering to bring a transparent and direct results-oriented approach to starting and growing companies.

Robert Bell is also available for 1:1 mentoring to the BoomStartup community.

ANDY JORGENSEN, CRO at Mindstream Analytics, Principal at Lighthouse Investments, BoomStartup Mentor

Andy Jorgensen is a seasoned BoomStartup mentor and investor. He is the CRO at Mindstream Analytics and is the Principal at Lighthouse Investments. He is on the executive committee of SLC Angels. Andy is on the board for Ogden’s Own Distillery.

Andy Jorgensen is available for 1:1 mentoring to the BoomStartup community.

TARA SPALDING, Managing Director, BoomStartup
Tara Spalding is Managing Director of BoomStartup Accelerator, a subsidiary of Assure. Founded in 2011 in Salt Lake City, Utah, BoomStartup is a global, mentorship-driven, angel-stage investment preparedness program for startups. It is an online, inclusive accelerator, helping first-time founders on business maturity guidance, investment preparation, capital structuring, and investment strategies. Under Tara’s leadership, BoomStartup will engage with over 1,000 startups from across the world and across various industries in 2021 alone.

Tara Spalding is available for 1:1 mentoring to the BoomStartup community.