Startup Funding Espresso – Bringing an International Company Into the US Market
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概要
Bringing an International Company Into the US Market
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
There are several reasons international companies expand into the US market.
The US market is the largest market in the world and provides the most opportunities to the company to sell its products.
Funding in the US is more available than in most other countries.
Startups moving to the US should locate near current customers or in cities with a concentration of startups in the sector.
Those coming from Europe focus on New York City, as it gives the most time overlap with Europe.
Most companies hire a sales or business development manager to build revenue in the US market, which is the initial work to be done.
Once established in the US, the company can start to raise funding from US investors.
It's difficult to raise funds from US investors without a US presence.
This is due to the timezone issues and the ability to meet with investors for follow-ups.
International startups should consider establishing a presence in the US for not only sales growth but also fundraising.
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.
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