How We Select Startup Companies For API10X Accelerator

APPLICATIONS ARE NOW OPEN FOR 2017 API10X It is always exciting to create new success stories. Selecting the cohort of second-stage startup companies for the API10X is a bitter-sweet process. As exhilarating as it is to hear passionate founders share their dream, we will take only the ones with the most traction, most experienced teams, most advanced products, etc., making the selection not so easy. APPLY NOW! Here is how we run the selection process in five steps: 1. Application: All startups must apply online. At this stage, second-stage startup companies provide information about their company, their team, the problem, their solutions, etc. This is the first contact between the entrepreneurs and API10X accelerator, the first opportunity for our advisors to ‘meet’ you. You have only one chance to make a great first impression. Play To Win! Tips: To be taken seriously, fill out the form like a professional Be sure to fill all of the form Be concise and concrete. We want the right information about you and your team, not a sales pitch. Don’t lie Use all your media resources: video, social media links, websites, etc. Yes, we will click on founders’ profiles. 2. Interview: If you get to this stage it is because we have an interest in you. This interview is to magnify the information from the form and give you the opportunity to clarify certain points. We want to know more about you and your team, where you are at and what you are looking for. These interviews are a 20-min phone call with the team.  Some of the questions are: What is your company?...

Mergers & Acquisitions: $5MM for Security Monitoring SaaS Company

Growing your business through mergers & acquisitions A software company with a SaaS model for security monitoring was interested in acquiring competitor with advanced technologies to better their systems as well as improve their competitive advantage. The firm was referred to Altima Business Solutions by a banking group who was unable to assist with placement or funding opportunity. Upon review of the acquisition documents and due diligence on the company to be acquired, Altima Business Solutions was able to negotiate a better offering. The cost of acquisition was lowered and the capital required up front from acquirer reduced. It resulted in securing mergers & acquisitions round of $5MM through Revenue Based Funding. By showing synergies and how integration will not require high operations cost, the transaction allowed for no equity loss and favorable terms for borrower.   Running a successful business requires more than hard work. It also requires capital. Altima Business Solutions identifies on your behalf the right lenders and investors, and make the important connections. To discuss how our team can help your business achieve true results, please Contact Us   Altima Business Solutions is a full service Management Consulting Firm specializing in helping business owners maximize efficiency, profitability and company value to improve the lifestyle of employees and...