Nordic Startups: A New Accelerator Program For Web And Mobile Startups In Sweden
Nordic Startups, a brand new accelerator program for Swedish web and mobile startups, will soon start its operations in Stockholm. According to the accelerator's representatives, the program will be modeled after some of the world’s leading accelerators, such as TechStars, YCombinator and Seedcamp.
Nordic Startups plans to take in six new startups every three months. During each three-month period, the accelerator will provide startups with in-depth coaching, mentoring, office space, and a fun and enriching work environment. The program is largely based on lean startup methodology and includes an investor demo day as well.
Alternative To Company Valuation For Startups
Guest post by Andy Cars, the founder and CEO of Seedcap AB based in Stockholm. Seedcap AB help entrepreneurs and start-ups to raise capital. You can read Andy's previous post on the 10 Mistakes Entrepreneurs Often Make When Raising Capital here. Here Andy talks about an alternative to locking-up your valuation too early.
Many entrepreneurs that seek external capital to finance their startups often find the valuation of their companies difficult. How do I know what my company is worth? Moreover, by its very nature the founder often believes his company to be worth more than what the investor is prepared to accept, which in the end leaves the founder without a deal.
10 Mistakes Entrepreneurs Often Make When Raising Capital
Guest post by Andy Cars, CEO of Seedcap. Andy evaluates hundreds of business ideas each year giving him an in-depth understanding of what it takes to succeed in a global market.
Seedcap AB help entrepreneurs and start-ups to raise capital. Here's Andy's 10 Mistakes Entrepreneurs Often Make When Raising Capital.
1. Trying to raise money too late
Raising money is time consuming. Count with an absolute minimum of 3 months, with a more likely scenario being 5 - 7 months.
2. Trying to raise money too early
There should be a logical relationship between the perceived value of the company in need of cash and the amount of cash to be raised. Trying to raise significant sums simply based on an idea usually fails, which leads us to point 3 below:
