OpenUp: Is This Investable?
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.
This is a recording of a conversational webinar.
WHO SHOULD ATTEND:
First-time entrepreneurs who are considering raising capital in exchange for equity
$0 to attend
This is a recording of the virtual webinar interview hosted through Zoom
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.