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Frequently Asked Questions
ENTREPRENEURS
What is the cost for an Entrepreneur to list on PlanHeaven?
What can PlanHeaven offer me as an entrepreneur?
- Reach a wider audience
- Investors and angel networks nationwide search PlanHeaven to find the latest hot opportunities.
- Regular custom email alerts are sent to angel investors notifying them of your opportunity.
- Spread the buzz about your company to investors that missed your presentation at a monthly angel network meeting.
- Properly communicate your opportunity with an online video pitch
- A professionally recorded video tells “the whole story” and is more effective than an executive summary.
- Video is much more likely to be watched than an executive summary is to be read.
- Investors invest in people first. Show them who you are with a video.
- Close more investors
- Angel investors consult with their spouses, advisors, and peer group when evaluating an investment opportunity. Use your online video pitch to make sure all the details are properly communicated to the people influencing the investor.
- Post frequently asked questions to proactively help investors with evaluation process.
- Investors can ask anonymous questions. Win those investors who otherwise might have quietly slipped away
- Work smart and reach investors efficiently
- Quickly reach hundreds of interested angel investors at once.
- PlanHeaven continuously works in the background while you run your business and work on multiple fundraising strategies.
- Send existing potential investors to your PlanHeaven profile to efficiently distribute your video pitch, executive summary, and any other useful files
Should I be concerned about confidentiality of my business plan and ideas?
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If you’re company has trade secrets or proprietary knowledge we recommend that you do not post details of that information on PlanHeaven. Instead you should convey more general non-proprietary information to attract the interest of investors. Once you are in dialogue with the investor you should contact your attorney regarding using an NDA before revealing trade secrets and other sensitive information. Our two cents … in most cases it is not the “idea” of a company itself that holds value. Business relationships, proprietary technology, traction with customers, and other forms of barriers to entry enable even small start-up companies to openly communicate their business model without fear of negative repercussions. In other words, if you’re business is SO secret that you can’t tell anyone then you will have difficulty raising capital anywhere and may not end up having a business at all. Fund raising is hard and time consuming. You have to get the word out. PlanHeaven can help.
Do I need to make a video to get on the PlanHeaven site?
- A video pitch is the best way to communicate your opportunity.
- Investors are more likely to look at company’s that have videos.
- A video pitch is much more effective than just an executive summary.
- However, you DO NOT have to have a video to be on PlanHeaven.
- A good strategy is to get your profile and executive summary on PlanHeaven right away and then add the video later.
- PlanHeaven staff can assist you with editing the video and have contractors available to film and edit your video as well.
How do I get a “professional” video made?
There are three ways:
- Do-It Yourself … Film yourself at your home or office giving your investment pitch. Then use editing software to add your PowerPoint slides, screen captures, etc. Editing software such as Microsoft Movie Maker is free and sufficient for this type of project.
- Film-It Yourself and Pay for Editing … Film yourself and then send us the source files unedited. We’ll piece together your best clips along with slides and any other media to produce a professional video. The cost of this service is $199.00.
- Hire a professional … You can have a professional contractor do the filming and editing at your location or in a studio for around $500 - $1000. Contact us to get a recommended contractor in your area.
ANGEL INVESTORS
What can PlanHeaven offer me as an angel investor?
- Find start-up opportunities that interest you by sorting by region, industry, funding round, etc.
- Receive weekly emails containing only start-up companies that interest you.
- Quickly understand an investment opportunity by watching a short online video pitch from the CEO.
- View additional documents including the executive summary, financials, etc.
- Ask anonymous questions if you want to learn more but aren’t quite ready to engage yet.
- Contact the entrepreneur directly via phone or email.
- Discuss an opportunity with other angel investors in an online forum.
What does it cost to join PlanHeaven as an Investor?
Free to all accredited investors.
Do I have to be an accredited investor to join PlanHeaven?
RESOURCES
What can PlanHeaven offer me as a resource?
- Entrepreneurs need resources such as lawyers, accountants, and other business consultants to assist them from startup to selling the business or doing an IPO.
- Reach a targeted audience of hundreds of entrepreneurs and investors at a low cost.
What is the monthly cost for a Resource to list on PlanHeaven?
Resources list for minimum of 12 months at $100/month.
Legal Disclaimer
PlanHeaven, provides a web page for the matching of entrepreneurs of early stage technology companies with investors who are committed to funding high-risk opportunities. PlanHeaven does not endorse any of these investment opportunities and makes no recommendations regarding the appropriateness of particular investment opportunities for any investor. PlanHeaven makes no independent investigations to verify the factual information submitted to potential investors and PlanHeaven makes no representations or warranties with respect to the information provided by applicant entrepreneurs. As a result, potential investors must conduct their own investigation of the merits and risks of each investment opportunity, and negotiate the terms of their investment. All investors are strongly encouraged to seek legal and other professional counsel prior to making such investments.
Membership in PlanHeaven does not constitute an offer by PlanHeaven to sell, or the solicitation by PlanHeaven of an offer to buy, any investment interest in the business ventures of applicant entrepreneurs. Any sale or purchase of an investment interest shall be a private transaction between the entrepreneur and the investor members without any participation by or remuneration to PlanHeaven. PlanHeaven does not function as a broker-dealer or investment advisor and is not registered as such with any federal or state securities regulator.
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