Raising Venture Capital?

January 18, 2009

by Miller Info Commons

by Miller Info Commons

Are you thinking of raising venture capital to fund your startup?

I did in order to start Compete and at my previous companies, so I know the process  intimately. With Lookery I’m doing things differently this time.

Raising any capital is going to be more challenging today than a year ago but still quite doable.  With Compete we raised our first round 6 months after the Internet Bubble had burst as did many others, it can be done.

Although I chose to do things differently this time I have plenty of VC friends that I’d recommend to anyone interested in raising money.  Contact me for any recommendations. Before you do that though I recommend you read “Why VCs Will Block Good Exits” carefully. Very simple math just make sure you do it before not after raising money.

  • great shout out - way beyond that one post ("why VCs will block good exits"), angelblog.net is an excellent clear-eyed resource for entrepreneurs and angle investors alike
  • oops, the URLs are a mess

    the great resource is at

    http://www.angelblog.net
  • Loving Angel Blog! Thanks for stopping by Steve.

    David
  • I can completely see why you and Scott are co-founders in Lookery, David.

    Good list of links, definitely helps convey the boldness you both have- inspirations to us all!
  • Andrew,
    Thanks for checking out the post. True indeed we do share a lot of the same
    views on raising capital.

    Cheers,
    David
  • So David, can I get a couple of million bucks to start a pretty boring iPhone app company? I got an awesome idea that I believe nobody else can duplicate, yet appeal to almost every iPhone user.

    Thankzzz in advance.
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