|
AdMarketing | Funding & Finance | Netpreneur Corner | News Center | Quick Guide | Home |
|
|||||||||||
...a seed or early stage company really cannot get venture capital from venture capital funds. Most of the companies ...come to us because they think they are venture-capital ready, and they are not... So what do you do?...You've got to put in your own money, you've got to bootstrap. You get operational as fast as you possibly can. You avoid spending money as much as possible.... You barter and you look for anything that will bring in cash as quickly as it possibly can.... And more than anything else, you have to network. |
|||||||||||
| -- Charles Heller Director, The Michael D. Dingman Center for Entrepreneurship, University of Maryland |
|||||||||||
You are not building a product. You are building a team first and that team will be people who complement your skills, who do things you don't. |
|||||||||||
| -- John Burton Partner Updata, Inc. |
|||||||||||
The reason we'll say no is because you don't understand the market, you don't show us the business model.... It's the operating plan that you are going to be held to, not the business plan.... It's execution, not an idea that makes things work. |
|||||||||||
| -- Jack Biddle General Partner Novak Biddle Venture Partners |
|||||||||||
What we're really looking for is the entrepreneur who can put the team together. Remember, we're looking for entrepreneurs, and not for people that want their hands held. Come to me with your team, and show me what you've got. Show me what you can do to get our interest, because we've all been entrepreneurs. We've put ourselves on the line, we've taken risks ourselves. And we're looking for people who want to do the same. |
|||||||||||
| -- Steve Ritterbush Managing General Partner Fairfax Partners |
|||||||||||
|
|
