As expected, in the first week we were settling down, and the real action started in the last week, week 2 of the program. Also on the business front, we had a very positive week at CityFALCON (touch wood!). We… Continue Reading →
Why join an accelerator program again? Whether accelerators are helpful or a waste of time depends on several factors, and we, at CityFALCON, have declined a few of these that have approached us in the past. Apart from whether they can… Continue Reading →
The story goes that Nathan Mayer Rothschild, once reputed to be the wealthiest man of his generation, made a fortune because he was the first to learn of Napoleon’s defeat at the Battle of Waterloo. Informed by his couriers, the… Continue Reading →
As a value investor, I look to buy assets quoted below their ‘intrinsic’ value. If you’re in London, come down to the London Value Investing Club, where we have over 800 active members and hold 2-3 events each month. At… Continue Reading →
One of the key differences between Silicon Valley and the rest of the entrepreneurial world, is that the rest of the world does not celebrate failure as much as it should. Here in UK, “success” is the primary focus, and… Continue Reading →
We recognize and appreciate the contributions of all our investors, and the inherent risk they take by investing in a new venture…
Our goal is to make our fundraising campaign one of the most transparent crowdfunding campaigns ever…
Acquiring start-ups is risky business. No matter how good an idea sounds, or how simple a solution a start-up offers, the acquisition may never pay off…
An idea is worthless until someone is willing to invest in it. When someone puts money…
Let me start with saying that I don’t mince words and I was never taught diplomacy…
If you’re looking for quick and simple solutions to the many challenges entrepreneurs face…
I wear two hats: a fintech entrepreneur and an angel investor…
“There are three categories where you will get funding very easily”: “if you are a Rockstar product manager or serial entrepreneur” “If you have worked in the City for a long time and can…
In 2014, I launched CityFALCON from my bedroom, raised £200K in seed funding, hired a few people, and started to build a scalable product…
Please sign the petition here if you agree with the points highlighted below. This petition is based on my experience as an entrepreneur for last 2 years running CityFALCON and also based on discussions with other entrepreneurs. We hope that…
In a start-up with limited resources, detailed specs for your developers are a luxury. At the same time, without proper specs, developers may not build what’s actually useful for our customers. To solve this problem, we decided to try something out,… Continue Reading →
We can’t overstate how proud we are that CityFALCON won the Next Big Idea in FinTech competition. For the honour, we got to travel to Ontario to get acquainted with the FinTech ecosystem there and learn more about startup culture… Continue Reading →
Unfortunately many people in the start-up space do not understand the difference between PRODUCT and SERVICE start-ups. User/revenue traction, i.e. “how many users do you have or how much revenue…
For service businesses where you can target customers from month 1 and even start making revenue, funding can be less important. But for ‘product’ businesses where-in you have to build for 2, 3, 6 months before you can start making… Continue Reading →
12 August 2015 – the date I and my team can never forget. In the midst of the painful fundraising process, we realised that we had an opportunity to differentiate, get validation for what we are doing and strengthen relationship… Continue Reading →
If you as an entrepreneur are running a service business or you belong to any of the categories mentioned in “Abundance of start-up funding in the UK but not necessarily for YOU”, you probably have not faced any serious issues with… Continue Reading →
Before I ventured out to launch my start-up, every morning when reading about start-ups raising 1, 2 or 10 million pounds, I was positive that there was abundance of liquidity in the market. Further, with equity, bonds, property markets at… Continue Reading →
At CityFALCON, we believe in hiring the best people irrespective of their location. Over the last 18 months, we have used eLance to work with several freelancers including developers, designers, business analysts and copywriters. We currently have people in Ukraine,… Continue Reading →
We entrepreneurs are risk takers. We leave the comfort of our corporate jobs and take a leap of faith to start our own businesses. But some aspects of running a start-up have not changed, and at times, investors, service providers… Continue Reading →
HMRC (HM Revenue and Customs) and the UK government have provided much better incentives for start-ups than in most other countries – SEIS, EIS, R&D Credit, Entrepreneur’s relief, etc. We at CityFALCON have taken advantage of most of these benefits, and… Continue Reading →
One of our advisors at CityFALCON called me and asked me why I’m not looking to join Microsoft Ventures accelerator. I didn’t know much about the program, but my first reaction was that it may be a distraction. I was… Continue Reading →
I had highlighted the benefits of starting a business in the UK in an earlier article – 11 UK start-up benefits that may make you wonder why you are still in a corporate job. A couple of the aspects of… Continue Reading →
Learning to code, as I did in three months before setting up CityFALCON, can be an extremely daunting prospect. But I fully believe that the effort that I have put into it has been entirely worthwhile, and that there have… Continue Reading →
While raising funds, I was asked these questions countless times: 1) Will you raise more money and dilute my stake in the company? 2) You said you wanted to raise £150k and now have raised £200k. You have already diluted… Continue Reading →
Governments around the world have realised that start-ups are critical to socio-economic progress. The UK Government is no exception to this rule. Thus, there are a wealth of start-up benefits provided by UK Government and other organisations which will collectively… Continue Reading →
“It’s impossible to fail when your goal is to try and make an effort to improve the World“ – Eric McAfee The concept of success can be extremely diverse. Some entrepreneurs end up as billionaires, while others are just happy… Continue Reading →
One of the first lessons that we learned at CityFALCON was that it is essential to stay as lean as possible during the fundraising stage. This enables you to keep fundraising to a bare minimum, and ensure that you will… Continue Reading →
During CityFALCON’s first year of trading, we were fortunate enough to secure £200K worth of funding from a series of high profile angel investors. Every one of these people have our undying gratitude, as without them, we could not have… Continue Reading →
Coding may seem like a daunting prospect for the uninitiated. Most people would doubtless think it is impossible to learn to code competently in only three months. While I can understand this conclusion, I know for a fact that it… Continue Reading →
Let me be clear – the purpose of this post is not to criticise anyone but to be honest and transparent, and to give some food for thought to stakeholders. I’m lucky to have some great people that work with… Continue Reading →
Founding a start-up is a big undertaking, and one that also necessitates a lot of risk. Unfortunately, in the competitive world in which we live, and particularly in the sometimes perilous economic state of the world at the moment, many… Continue Reading →
“Work like there is someone working twenty-four hours a day to take it all away from you.” – Mark Cuban What we managed to achieve It has been a year since we first launched CityFALCON, and it would be fair… Continue Reading →
“Our biggest regrets are not for the things we have done but for the things we haven’t done” ― Chad Michael Murray Every time, my ‘dream job’ had turned into just another job 1 to 2 years in; every year, my definition… Continue Reading →
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