Matt, I have a consumer Internet app. I plan to look for VCs early next year. Who are VCs out there? Besides the business plan with a great idea and resumes, what should I do to get their attention. Do you have tips and shortcuts? Any advise is very, very welcome.
Shar, I don't know your situation, and don't even know where you live. But as I've advised before, it's all about who you know. Reach out to your friends and family, and ask each one of them if they know any investors. Go to conferences, and try to meet folks. Reach out to people you know who are students, and might have a helpful plugged-in professor. That's first step...
Matt
bala
· 4 years ago
Shar,
Matt gave you excellent idea, if you are in the valley it is very easy to network with folks who can help you to take to VCs
-Bala
Shar
· 4 years ago
Thanks all. I am doing the network. I am in Atlanta Georgia, the VC desert. I am looking at the valley from the distance. This site gives me a lot of good leads. Like today, I found Mayfield is a VC not the maker of washer and dryer;-).
Stay away from any VC asking for up front fees! We talked to a VC who said that he would fund any project that we told him about. Pure Hoodia, Pure Hoodia Plus or any other product we could come up with. All we had to do was come up with the 5k of the 15k up front fees. The good thing is that the other 10k would come out of the VC funding. Remember, if it sounds to good to be true, Yah Hoodia it is! - Hoodia
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· 2 years ago
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· 2 years ago
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All Comments
I couldn't agree more. But I think this goes beyond the VC community. Excess capital permeates the entire technology ecosystem right now.
I posted my thoughts here in case you're interested. http://woodrow.typepad.com/the_ponderings_of_woodrow/2005/11/theres_excess_c.html
Shar
Let me know if the app is ready to market. I might be able to help. I do online promotion for other internet apps like www.stamps.com, www.photo.stamps.com, www.gotomypc.com, www.identityguard.com, www.stopzilla.com, etc.
--terry
Matt
Matt gave you excellent idea, if you are in the valley it is very easy to network with folks who can help you to take to VCs
-Bala
Shar
hung_shar@homedepot.com