[LRUG] Funding a start-up?
eleanor at goth-chic.org
Thu Jan 11 13:52:48 PST 2007
On 11 Jan 2007, at 19:05, Matthieu Stone wrote:
> Just going through the exercise of the above will give a much
> better understanding of your business proposal, & you won't look
> like a "rabbit in headlights" when someone asks you a question -
> such as "when will you be cash flow positive", or "what ROI can I
> expect on my investment" - "I don't know" is not answer & you will
> be politely shown the door very quickly.
> Some people won't want to know you, others will like you for a bit,
> then decide that its great opportunity but its not right for them.
> Its a full time job looking for the right investor, looking to
> invest the right amount of funds, into your idea and team.
> You can engage someone to help you raise the capital, but it will
> cost you either a fixed fee, % of the capital, or some equity.
> Once your prepared, get on the phone & work the contacts like crazy.
> Having said all that.. ruby & rails allow you to produce a fairly
> sophisticated app very quickly & creative internet marketing is
> really cheap - it just takes time if you've got the skills & the
> I don't know what your doing, but if your aiming at the music or
> entertainment space, I might be able to point you to some useful
Thanks Matt, that's all useful stuff. I haven't done this sort of
thing in thirteen years and I hadn't expected to be looking earlier
than the summer so events have caught me on the hop :)
Games With Brains
raise ArgumentError unless @reality.responds_to? :reason
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