Leo Lax retweeted
A7. @MitacsCanada - is great but you need to have a plan and have someone prepared to manage the program.
@NRC_CNRC IRAP - is still the gold standard and program everyone should be utilizing. #SaaSChats
Leo Lax retweeted
A5 Pros: Non-dilutive, less costly than a priced round and founders can typically maintain more control over the D2D business. Cons: Repayable, secured against company assets and may have a maturity date, which can impede businesses with low cash flow. #SaaSChats
Leo Lax retweeted
A3/2 - The best way to think of a #startup financing journey is: be as proactive as possible. There are strategic pieces that fit well at certain stages, & knowing what the options are, and how the pieces fit in advance helps build a better roadmap with more security #SaaSChats
Q3. When should you start that conversation? At what stage do you find non-dilutive funding to be the most beneficial?
#SaaSChats
Leo Lax retweeted
A2/1 - It's unique to every company's business model + financial structure, but specifically for #venturedebt, it's a strategic pool of capital that compliments a VC round and can be drawn upon as the company needs it (mainly for operating or growth expenses) #SaaSChats
Leo Lax retweeted
A1 - It's critical to align any kind of financing with your business model, growth trajectory, & stakeholder/investor goals. It's different for every company! In general, you want to be aware of things like payment terms, covenants, + longterm overall cost of capital #SaaSChats
Let's get started 📣 #SaaSChats
Q1. When raising capital, how can you leverage alternative forms of investment?
Leo Lax retweeted
30 MINUTES until we kick off today's #SaaSChats 🕛
We're ready to talk investment alternatives – the pros, the cons, and the unknown 👀
Say hi to our panel 👋👇
@SeanDelGiallo
@DaniMcSmith
@Anne_NoDelaide
@laithmshukri
@coldwhitegravy
@leolax
Great chat @NathanLatka with great pointers to actionable tasks. Way to go to energize the SaaS community @SAASNORTH would love the deck.
I loved the entire 'production.'. Stef and Natasha well done!
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Biggest lesson from Carol "Treat people well - find a way to be helpful - treat people like you want to be remembered"
This crisis does not diminish our innovation. Congrats to our Founders and CEOs who are showcasing their achievements today! #saasshowcase
A big THANK YOU to our sponsors🙌
We're so grateful to have your support today + every day!
Tune in to #SaaSShowcase Remote: bit.ly/2xbNesm
Leo Lax retweeted
Less than 24 hours to go until we launch #SaaSShowcase Remote ⏳
Get an insider's look into what our companies are building + hear from inspiring keynote speaker @CarolLeaman ✨
We're SO excited + can't wait for you to join us at 10:00 am TOMORROW!
bit.ly/2xbNesm
