Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Over 300 Members filled out a recent survey. 81.7% are CEOs, just 29.1% are running their first startup, and 49.3% are on the West Coast of the US. Help TheFunded by filling out the nine question survey at http://bit.ly/1RpqX1.
Survey results are below:


1. What is your role?
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81.7% - CEO
10.8% - CFO, CTO, COO
05.7% - Senior Executive
01.8% - Other

2. What best describes your experience with start-ups?
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29.1% - This is my first startup
23.7% - This is my second startup
23.0% - I have run multiple startups
12.2% - This is my first fundraising
11.9% - I have had multiple successes

3. What industry is your company in?
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16.9% - Software / B2B
14.7% - Internet / B2C
08.3% - BioTech / Health
07.9% - Social Networking / Community
07.9% - Other
07.6% - Digital Media / Content
06.8% - CleanTech / Energy
05.0% - Advertising
05.0% - Financial Services
05.0% - Games / Entertainment
04.0% - Mobile / Wireless
03.2% - Hardware / Electronics
02.9% - Communications / Networking
01.8% - Ecommerce / Retail
01.8% - Outsourcing / Services
01.1% - Security

4. What is the primary location of your company?
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49.3% - US West
25.2% - US East
12.2% - US Central
07.2% - Europe
03.2% - Asia / Pacific
01.8% - Canada
01.1% - Middle East / Africa
00.0% - South America

5. Are you currently fundraising or about to start fundraising within the
next 3 months?
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25.4% - Not Fundraising
35.8% - Raising Angel
26.5% - Raising Series A
07.2% - Raising Series B
03.7% - Raising Series C or Later
01.4% - Raising Early-stage Debt

6. If you are fundraising, how much money are you looking to raise?
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01.4% - $10 MM US

7. How would you describe the profitability of your company?
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53.4% - Pre-revenue
13.4% - Unprofitable
15.9% - Almost Break Even
06.1% - Break Even
09.0% - Profitable
02.2% - Highly Profitable