The top three links on the first page of most Google searches take ~60% of the overall clicks. (A quick search will show you a number of studies with more research.) I’d bet that these numbers probably hold true for internet startups as well.
If you’re building an internet company today, you’re not competing against the other team trying to build the same thing — you’re actually competing with all the noise out there.
Target a niche, launch the MVP early, iterate …
The JOBS Act is a hefty bill with a number of key points but, for the purposes of early stage tech startups, there are two material items that will drive the increased liquidity of the private markets:
- The JOBS Act legalizes crowdfunding. This means that the average person will now be able to invest up to 10% of their yearly income or $10,000 (whichever is less) in exchange for an equity stake. Startups can raise up to $1M per year (or $2M
AngelList is awesome. In fact, we encourage all of our startups to use AngelList to raise money – it’s clearly useful to both founders and investors. Two-way transparency FTW!
First things first, don’t make your startup profile public immediately — take a few minutes to check out the tips below. It’s better to spend an extra hour up front to polish things up, first impressions count.
- Start with a little bit of research. AngelList makes it so