Brooks Malone

Forecasting Insights from a Medical Device Perspective with Tryton Medical’s Brett Farabaugh

Posted by Brooks Malone | Oct 28, 2016

Whether you’re focused on raising capital, meeting venture capital expectations, completing clinical trials, or meeting other milestones, medical device companies need to predict and plan for the future, taking time to develop and constantly improve a realistic forecast model. Throughout this interview series, I’ve interviewed experts to share various forecasting best practices, tips, and advice. In my first article I chatted with Tim DeBone, director of finance and operations at Windsor Circle. In my most recent article, we continued the conversation with Dave Neal, co-founder of The Startup Factory, advisor, angel investor, and CFO. To provide further insights on forecasting best practices, I’ve interviewed...

Forecasting Best Practices From The Startup Factory’s Dave Neal

Posted by Brooks Malone | Sep 20, 2016

On Friday July 22, Governor Pat McCrory signed the NC PACES Act allowing NC entrepreneurs to raise up to $2 million in intrastate crowdfunding. Watch the signing ceremony video here. The local startup community came together to show support for this legislation, and now they’re coming together with state regulators to help create the rules to govern it. With this new funding tool coming quick, I want you to think about this question: Are you prepared to raise capital? As discussed in my first article, before you raise capital you need to develop a realistic financing plan by understanding your business, your...

Q&A with Windsor Circle’s Finance Guy: Why Forecasting Comes Before Funding

Posted by Brooks Malone | Jun 3, 2016

New capital-raising tools are popping up everywhere, giving entrepreneurs access to new types of investors and new deal structures. Monday, May 16th, the Securities and Exchange Commission’s Regulation Crowdfunding went into effect, giving entrepreneurs the ability to raise $1 million each year from people they have never met. The new rules can be found here. And the North Carolina legislature wants our state to offer its own crowdfunding option too. Our legislators will likely vote to double the federal limit to $2 million each year. As I discussed in my last article on Crowdfunding GPS, the first step to developing...

A crowdfunding GPS: Developing a map to securing funding

Posted by Brooks Malone | Mar 16, 2016

Editor’s note” Raleigh CPA Brooks Malone offers advice for analyzing crowdfunding as a financing option, especially considering new federal rules coming May 1 in a blog written for ExitEvent. DURHAM, N.C. – Would you take a trip without a map or your GPS system? I would not. But too often, I see entrepreneurs seeking capital without first doing their homework to determine: How much money is needed? And how long will it last? Answering these questions before you consider crowdfunding offerings is probably more important than for a traditional venture capital transaction for several reasons. First, in a venture...

Crowdfunding GPS: Developing Your Map to the Money in a New Regulatory World

Posted by Brooks Malone | Mar 16, 2016

Would you take a trip without a map or your GPS system? I would not. But too often, I see entrepreneurs seeking capital without first doing their homework to determine: How much money is needed? And how long will it last? Answering these questions before you consider crowdfunding offerings is probably more important than for a traditional venture capital transaction for several reasons. First, in a venture deal, your investor will ask these questions. But in a crowdfunding deal, if the information you provide is vague or missing, investors may simply walk away from your offering without ever...