startups

Top Predictions of the Next Billion-Dollar Financial Startups

inDinero

inDinero-fintech-startup

Both a focus startup and part of the AngelKings portfolio, inDinero illustrates the principle from our book, Kings Over Aces, that there's nothing new under the sun–particularly when you're talking about accounting services. The startup's cloud–based accounting services offer payroll, tax, and other bookkeeping options, which are all available through other companies or software. Remember, though, that a product that offers less expensive or more convenient services has a good chance at succeeding, and that's what inDinero delivers.

The startup offers all–in–one back office accounting so businesses of all sizes can concentrate on revenue–generating activity instead of tedious accounting functions. inDinero also charges clients based on monthly pricing that is easy to predict, which may not always be the case with traditional accountants and bookkeepers. 

One thing that excites us about inDinero is that its product is designed for small and mid-sized business, but the product scales with business growth to support organizations with eight–figure revenues and 100 or more employees.

inDinero's startup story is interesting, as it provides a different outlook than some of the other companies we've covered in depth. The startup launched in 2010 and was successful at seeking seed funding. The product in 2010 was a self–service, small business, financial tracking tool–not what inDinero is today.  While pursuing the first version of its product, inDinero faced challenges. It almost ran out of money and had to lay off all its employees before revamping the product; at relaunch in 2013, inDinero was able to land $7 million in funding and has since seen more success.

The story is important, because it speaks to our point in a previous chapter: As an angel investor, you are not investing in a perfect product. You're investing in people and ideas, and some ideas take more tweaking than others to achieve success.  We are proud to have inserted capital with inDinero.

Recurly

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Recurly's platform makes it easy for businesses of any size to set up, manage, and automate recurring bills. An increase in subscription services in all types of niches has made recurring bills a big business opportunity, and a secure, customized platform is a product that generates substantial interest among small and midsized businesses. Recurly entered the market just as this need was rapidly increasing following the success of subscription services such as Netflix and Ipsy.

BillGuard

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In a world where no retailer or bank seems capable of guaranteeing protection of your account information with 100 percent assurance, BillGuard makes it easy for you to do the monitoring yourself. The startup partnered with Experian and offers an app that displays all your account information in a single dashboard. A few glances throughout the day provide peace of mind about account status, and the app also provides security notifications. BillGuard scores high as a startup due in part to its entry into a consumer market that is frightened by growing virtual threats and has a psychological need to do something to protect itself.

Wealthfront

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Wealthfront delivers on–demand investment advice and services without high account minimums and fees that keep many people from building wealth through investing. One thing that makes Wealthfronts a top fintech startup is that it takes an existing solution–investment services–and makes it available to a new market. We talked before about creating a have situation for the have–nots, and this product does that.  Deeply entrenched companies like Charles Schwab are now copying these auto–investing platforms.  When the big boys copy your clothing, you know you’re onto something big.

Acorns Investing

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Acorn Investing has opened investing and financial management up for the masses.  Their seamless interface allows for auto–investing and saving for millions of investors who want to get in the stock market game.  This platform is groundbreaking.  Of course, they do run the risk of being copied or cloned by companies like Rocket Internet, but if they do hit scale fast enough, we expect this one could be a billion-dollar company in no time. 


You can also sign up for our course and get inside access to the hottest startups and investors in the world. 

We’ll help you find the next billion-dollar startups so you can be part of the future and get an enormous return by angel investing.

Successful Startups Focus on Timeless Solutions

Successful Startups Focus on Timeless Solutions

“Audaces fortuna iuvat.”

– Virgil, The Aeneid    

How are Poker and Angel Investing the same?

How are Poker and Angel Investing the same?

Never invest in a founder or founding team, unless every person is all-in with the venture. 

5 Proven Ways To Find The Next Billion-Dollar Product

5 Proven Ways To Find The Next Billion-Dollar Product

“What has been will be again. What has been will be done again. There is nothing new under the sun.”

– Ecclesiastes 1:9

The Greatest VC Angel Investors of All Time

The Greatest VC Angel Investors of All Time

Angel investors and venture capitalists come from all over and have fascinating and varied backgrounds.  Here is a look at some of the all-time top investors.

25 Questions Every Investor Must Ask Startups

25 Questions Every Investor Must Ask Startups

The old boy networks are gone.

ENTER ANGEL KINGS.

Startup Investing and Venture Capital Course - Just Released

We're proud to announce the release of our newest course on startup investing, venture capital and private equity.

If you're an accredited investor, startup founder, or just someone who wants to learn how to make money investing in America's top startups, this course is for you.  

Our first 100 signups will receive a signed copy of our bestselling book on investing - Kings Over Aces.  

Here are some of the fundamentals taught in this #1 startup investing program:

  • How to spot winning startups - People, Product, Execution, Timing, Traction and Financial Analysis.
  • Who are the top startups and founders in America? 
  • How does startup investing work? Special purpose funds, Carry, Warrants, Purchase Agreements, IPOs, and the mechanics of investing in startups.  
  • What startups are raising funds and how can you invest, wisely, and with a greater chance of success?
  • The Term Sheet - How does it work?  What does it mean for startups and investors?
  • What's a convertible note? A SAFE Note? Equity Rounds?
  • What's the JOBS Act?  How does the JOBS Act impact startups and investors?
  • Employee Stock Options?  How do they work?  What's their impact on your startup's finances?
  • BONUS Material:  Top Law Firms for Startups, Biggest VC Deals, Ranking of Best Startups In America.

The best part about an Angel Kings membership is you'll get weekly access to top startups fundraising.  An elite membership also comes with a Master's certificate which you can add to your profiles and during your startup investing discussions.  

The #1 Startup & Venture Capital Investing Course - by Media Expert on Startups - Ross D. Blankenship

The #1 Startup & Venture Capital Investing Course - by Media Expert on Startups - Ross D. Blankenship

Ross Blankenship - Leading Startup and Venture Capital investor who helps startups and investors around the world.  

Ross Blankenship - Leading Startup and Venture Capital investor who helps startups and investors around the world.  

We believe every investor (and startup) deserves the opportunity to benefit from smart, analytically-driven startup investing that brings more profit, and less pain. 

Note the prices above are valid for a limited time until the first 100+ signups are reached.  Based on the previously oversubscribed list, we expect this to be a week or less.

 

--> Be sure to signup today for the #1 course on venture capital, angel investing and the inside world of private equity.  <--

 

Billion Dollar Startups: Who, What, and How to Invest in Top Startups

The Billion Dollar Startup Formula

Like the S&P, Moody’s credit rating systems, or Morningstar research for ranking public companies, Angel Kings has built our own proprietary, private market investing formula and ranking of the next billion dollar startups.  Until now, we have never released our proprietary formula; we’re sharing this for the first time because you deserve to know how venture capitalists think, and moreover, how you too can make money investing in the right startups.  We score every startup we meet on a scale from 0 to 100 using the following investment formula.  

Before you make any investment in startups, ask yourself, the startup founders, and others, the following questions:

 I.   People & Startup Founders

The fundamental questions: 

1.     Are the founders all-in? 

2.     Does the founding team have a hacker, hustler, and social media guru?

3.     Does the founding team have a potential "icon," i.e. the next Steve Jobs or Bill Gates?

4.     Would you trust the founders with a blank check? (Based on a thorough background & credit check)

5.     What experience have the founder(s) had with money?

6.     Do the founders listen to your ideas? 

7.     How many of the founding people are still on board?

 

II.   Product & What Startups Will Be Around 20+ years from now

 

The fundamental questions:   

1.     How much do you enjoy using the product?   

2.     What is the likelihood the product will be around 20 years from now?

3.     How favorably do customers speak about the product?  

4.     How big is the actual market for this product?

5.     Can you convince your biggest skeptic to buy the product?

6.     Do customers keep coming back to buy the product?

 

III.   Execution

The fundamental questions:   

1.     Does the product create a need or "must-have-it" in businesses or consumers?

2.     Does the product spark memorable marketing conversations?

3.     Does the product empower a community of evangelists?

4.     Has the company become the thought leader, or the follower?

 

IV.   Timing  

The fundamental questions: 

1.     Is this a revolutionary, first-in-class product or the most amazing upgrade to an old system?

2.     If it hasn't been done before, why hasn't it? 

3.     Does the startup have an exit strategy: either staying private and being acquired, or having an Initial Public Offering (IPO)?  

 

V. Financials

The fundamental questions:  

1.     How soon will the startup make money?

2.     What's the startup's valuation?

3.     What equity stake will you obtain and is it enough to stay interested?

4.     Will your investment help allow for at least 18 months of sustainability? 

5.     If there’s an exit, what’s your potential upside?

We always ask tough objective and subjective interview questions; and we always calculate a “1 to 100” startup score.   To learn specific scoring ranges for each question, visit AngelKings.com.

* * *

 

There’s also another part of the decision making process above that’s not mentioned: it’s called your gut feeling or better known as “intuition.”  Whether you’re a card player, investor, doctor, lawyer, or any other profession, you often rely on your intuition in cases where things don’t add up quite right or you don’t have enough information to make an informed decision.   In fact, when you’re investing in startups, you won’t have the same publicly released information as you would investing in a company listed on the NASDAQ or NYSE; thus, you have to be more logical and patient in your investment strategy.   You need to use your intuition less often in startup investing before writing a check.  After all, for every startup success story you’ve heard where someone invested in a “billion dollar” idea because of a purported gut feeling, there are thousands more who lost their money because their gut was dead wrong. 

 

This is why the Angel Kings’ investment formula is important for startup investors and venture capitalists; it makes important decisions more reliant on facts than intuition.  Use as much of the formula as you can, ask the questions in the following chapters, but if there’s a missing piece that doesn’t add up to our 90 score… you’ve got to be willing to say “no.”  In the startup world, it’s about saying “no” more than saying “yes” that will lead you to higher returns on investment.     

 

As in law, your burden of proof for investing in startups is beyond a reasonable doubt.  And thus, our formula too is geared towards investing in companies that score a 90+ or more before we would ever say yes to invest.

 

*You can find our startup calculator on our website: AngelKings.com.

 FACTS ABOUT OUR STARTUP INVESTING:

·      Each of these four categories combine to make a 0 to 100 score. 

·      We invest when a startup reaches a total of 90+ points or more. 

·      Most startups (98.5%) that have pitched Angel Kings have scored 90 points or less.

 Here’s a fact: the typical venture capital firm (VC firm) assumes it can beat you investing in startups and amass greater returns than you.   VC firms often return up to 25% per year annualized, often beating the average S&P investor by 10% to 20% or more per year.

Now, here’s a myth: the old boy networks of VC firms and private equity (“PE”) funds are running the show and preventing you from getting in on startups.    With platforms like AngelKings.com and crowdfunding sites growing under the JOBS Act, you now have the ability to make smart, calculated investments in the next billion dollar startups.

If you'd like to invest in startups, or get started in venture capital, contact Angel Kings today.

You can also read about our startup investing formula in our startup investing book - Kings Over Aces.