Fri, 2 February 2024
In this Investor Connect episode, Hall T. Martin explores a medical device startup's journey with Marcus, a visionary founder. Marcus, a medical school graduate, envisions a handheld device for diagnosing eye conditions, aiming to enhance at-home healthcare. The company, having validated demand, plans to kickstart production through a $300,000 Kickstarter campaign after a successful WeFunder round. Marcus outlines a low-risk opportunity with a proof-of-concept device and validated demand, seeking potential funding or partnerships for mass production. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound. |
Fri, 2 February 2024
External Sources of Fraud Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are several sources of fraud from outside a business. External sources of fraud pretend to be someone you trust. They create a sense of urgency and then demand payments. Here’s a list of common sources of external fraud: Fake invoices -- the invoices show services rendered for work that was never done. Advertising scams -- payment for ad services in a directory or book that was or never will be published. Imposter scams -- callers who claim you owe them money or critical services will be turned off. Tech security scams -- a warning screen pops up on your computer showing a critical virus has disabled your computer and you need to pay to remove the virus. Phishing attacks -- calls or emails requesting personal information such as social security numbers for employees to verify their identity. Ransomware -- the company’s data files are encrypted and the ransomers demand payment to unlock the company’s data. Business coaching scams -- the scammer promises to provide business training and services but never delivers. Train your employees on how to recognize this type of fraud.
Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound. |