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Looking to raise venture capital? You really ought to read "Plan B For Fund Raising" by Guy Kawasaki
Looking to raise venture capital? You really ought to read "Plan B For Fund Raising" by Guy Kawasaki
Last edited by David Sandusky; 09-22-2008 at 12:31 PM.
Fail Fast; Lead,
David Sandusky, executive recruiter, keynote speaker, founder:
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"The greater danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it" - Michelangelo
The site was not loading for me...What is the author's name?
network marketing is the best way to make money online
Fail Fast; Lead,
David Sandusky, executive recruiter, keynote speaker, founder:
Personal Brand strategy for business and career with the Strategic Career Plan & Personal Board of Advisors
Get yours now! Become a Your Brand affiliate to earn commissions
Twitter | Facebook |LinkedIn |call (303)325-3225
"The greater danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it" - Michelangelo
Plan "B" might not be good enough for the dreamer. Sometimes the plan we are on is the one because passion is so alive. THe only plan "B" I would consider is learning what plan "A" can do better.
But how might these problems affect the digital-content business specifically? Will innovation slow in our industry? Is it really as bad as some would have you believe? I decided to seek out people on the front lines who should know best: namely, partners at three of the VC firms I most respect in the world of seed-stage and early-stage investing in the digital media space. Thankfully, I didn't have to travel far, as I was lucky enough to run into all three of these folks at the recent DEMO '09 conference in Palm Desert, CA, where they were out scouting new investments.
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Always have a plan A, and a plan b. ALWAYS, ALWAYS, ALWAYS.
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"It's a little-known fact that fear of success is just as common as fear of failure."Originally Posted by RachaelWest
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A question that was not answered by one of the readers was, in affect, what happens if you have a concept that required funding to get it up and running. For instance, one of the companies I work with needs a contract with a data supplier before a product can be developed. Not sure what the amount is yet, but I guess at least $150,000 to $200,000.
What we're doing is targeting large companies in the market to become partners. They all have an interest and can provide capital and/or resources for the product development in exchange for equity.
Scott Smeester
Scott@Smeester.com . email
Scott.Smeester.com . blog
Business Development 2.0
› Lead or facilitate negotiations
› Establish key partner/customer relationships
› Sales process development
› Remedy ailing and/or deploy sales teams
› Investment acquisition
› Expand and protect digital real-estate
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