Comments on: How To Raise Money for Your StartUp (long) http://whatwoulddadsay.com/2008/07/how-to-raise-money-for-your-startup-long/?utm_source=rss&utm_medium=rss&utm_campaign=how-to-raise-money-for-your-startup-long Just another Diggings site Fri, 15 Jul 2011 13:42:41 +0000 hourly 1 By: wwds http://whatwoulddadsay.com/2008/07/how-to-raise-money-for-your-startup-long/#comment-115639 wwds Mon, 14 Jul 2008 00:44:16 +0000 http://blogs.jobdig.com/wwds/?p=1436#comment-115639 Hi Ellen, Interesting point. I am not sure if it because they do not know the lingo or have not figured out the process. There are almost no pure venture capitalists any more who want to invest in a pure startup, ie a pre sales company. So, the startup person has to find an angel investor. That complexity idea is exactly why I counsel people to only do common stock, anything else UNLESS they are very good at this, just gets confusing. It sounds so good at the lawyer's office, but the investor has one question...and oops, no sale. My advice is to find someone (like me..lol) to guide you through it. Trouble is, advisors need to be paid, eventually, and like their advice taken or listened to. A lot of entreprenuers have precious little cash to pay for advice, and are short on taking advice too. As they should be. Maybe you are right, should I expound on this topic more? Anyone else have suggestions or questions that need answered in future posts? Hi Ellen,
Interesting point. I am not sure if it because they do not know the lingo or have not figured out the process. There are almost no pure venture capitalists any more who want to invest in a pure startup, ie a pre sales company. So, the startup person has to find an angel investor. That complexity idea is exactly why I counsel people to only do common stock, anything else UNLESS they are very good at this, just gets confusing. It sounds so good at the lawyer’s office, but the investor has one question…and oops, no sale.
My advice is to find someone (like me..lol) to guide you through it. Trouble is, advisors need to be paid, eventually, and like their advice taken or listened to. A lot of entreprenuers have precious little cash to pay for advice, and are short on taking advice too. As they should be.
Maybe you are right, should I expound on this topic more? Anyone else have suggestions or questions that need answered in future posts?

]]> By: Ellen Weber http://whatwoulddadsay.com/2008/07/how-to-raise-money-for-your-startup-long/#comment-115638 Ellen Weber Mon, 14 Jul 2008 00:25:56 +0000 http://blogs.jobdig.com/wwds/?p=1436#comment-115638 Gl -- what an amazing post. I've love to see an entire series and even an e-book as you appear to be a real expert. Now for the challenge: Why do these invenstors not make themselves part of the team far earlier in the process - an mentor the brilliant business ideas they meet. I see people getting backed because they learn lingo of a very complex process -- that has come to be associated with angels or investors. Others are passed over - who have brilliant ideas -- but do not use the complex lingo. It often appears to me that the rigid and complex system is blocking out brilliant ideas that could really fly. What is your advice? Gl — what an amazing post. I’ve love to see an entire series and even an e-book as you appear to be a real expert.

Now for the challenge: Why do these invenstors not make themselves part of the team far earlier in the process – an mentor the brilliant business ideas they meet.

I see people getting backed because they learn lingo of a very complex process — that has come to be associated with angels or investors.

Others are passed over – who have brilliant ideas — but do not use the complex lingo. It often appears to me that the rigid and complex system is blocking out brilliant ideas that could really fly. What is your advice?

]]> By: Monika http://whatwoulddadsay.com/2008/07/how-to-raise-money-for-your-startup-long/#comment-115589 Monika Wed, 09 Jul 2008 04:40:06 +0000 http://blogs.jobdig.com/wwds/?p=1436#comment-115589 What a great article. Thank you. What a great article. Thank you.

]]> By: Dataceptionist http://whatwoulddadsay.com/2008/07/how-to-raise-money-for-your-startup-long/#comment-115570 Dataceptionist Tue, 08 Jul 2008 05:39:09 +0000 http://blogs.jobdig.com/wwds/?p=1436#comment-115570 I don't have a business idea, but now I kind of wish I did. :) I don’t have a business idea, but now I kind of wish I did.
:)

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