Startup Commons – Creative Commons for Startups!
by: Valto
Startup Commons is a nonprofit initiative dedicated to making startup funding more understandable and cost effective and to make closing deals easier for entrepreneurs and investors alike, consistent with the rules of investing.
The aim is to build common terminology to categorize different types of startups by their growth potential and risk position, provide free documentation and tools for closing smaller deals. The focus is for deals below 1 Million, where the cost of "agreeing and building common understanding " is percentually high considering the size of the deal itself.
In addition to common "terminology and categories", If we lower these costs from, say 15-30K to around 5K in seed level deals, it will have great impact to all parties involved.
We are just getting started and will work to get people and organizations around the globe involved to help us develop this initiative for common good of entrepreneurship.
Get involved! - you can start by sharing your comments and ideas in discussions. If you are interested in more "hands on" role, please contact me directly.
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