Advice From Founders Who Bootstrapped Their Way to Success

In my last post, I discussed why the odds of a rookie entrepreneur getting seed financing from a VC are very slim. The reality is that less than 5% of venture money goes to seed-stage startups; VCs typically invest when a company has a working product, a tested business model, and a strong management team. It’s the entrepreneurs who take the risk; not the VCs. They beg and borrow money from friends and family, max out their credit cards, and sometimes make do by living at home with their parents. Yet, very often, it’s the VCs who get the glory.

via techcrunch.com

Posted via web from Vancouver Internet Marketing Consultant - Brent Purves

2010: The Year for Tech Startup Recovery?

Even as private equity investments languish, venture capital — including funds for startups — is seeing a boom in business from last year to now, according to data collected by Dow Jones. Will these funds trickle down to web startups?

Throughout 2009, funds for early-stage companies and multi-stage funds saw significant growth — optimistic signs heralding the return of venture capital. Funds fluctuated from quarter to quarter last year, but the year still ended strongly and Q1 2010 is robust compared to the beginning of last year.

via mashable.com

Posted via web from Vancouver Internet Marketing Consultant - Brent Purves