Comments on: Sold to the highest bidder http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/ News About Tech, Money and Innovation Mon, 23 Nov 2009 07:11:08 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Max http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/comment-page-1/#comment-728884 Max Sat, 12 Jan 2008 02:02:29 +0000 http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/#comment-728884 Hello webmaster! Found your blog on yahoo - thanks for the article but i still don't get it. Hello webmaster! Found your blog on yahoo – thanks for the article but i still don’t get it.

]]> By: interesting... http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/comment-page-1/#comment-357571 interesting... Thu, 28 Jun 2007 22:11:59 +0000 http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/#comment-357571 Why do VCs hate "deal brokers"? Would you call a third party that introduces a VC to an early stage start-up company a "deal broker"? Full Disclosure: I am not a "deal broker" - am an MBA student interested in VC and am curious.... Why do VCs hate “deal brokers”? Would you call a third party that introduces a VC to an early stage start-up company a “deal broker”?

Full Disclosure: I am not a “deal broker” – am an MBA student interested in VC and am curious….

]]> By: Brian McConnell http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/comment-page-1/#comment-353665 Brian McConnell Mon, 25 Jun 2007 17:31:40 +0000 http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/#comment-353665 We used several agents throughout the life of the company. My experience is that while you want an experienced negotiator to work for you during a deal, these people add very little value in terms of finding either investors or buyers. You have to do that yourself. Be especially wary of anyone who advertises themselves as an agent for VCs. The VCs hate deal brokers, and generally regard them as bottom feeders. They can really damage you, and therefore I advise anyone looking to raise money to do the cold calling themselves. We used several agents throughout the life of the company. My experience is that while you want an experienced negotiator to work for you during a deal, these people add very little value in terms of finding either investors or buyers. You have to do that yourself.

Be especially wary of anyone who advertises themselves as an agent for VCs. The VCs hate deal brokers, and generally regard them as bottom feeders. They can really damage you, and therefore I advise anyone looking to raise money to do the cold calling themselves.

]]> By: NominalFirm http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/comment-page-1/#comment-352853 NominalFirm Mon, 25 Jun 2007 01:00:28 +0000 http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/#comment-352853 Le Brian remercie ! Enfin une histoire réaliste avec un résultat réaliste et un réglage sain par rapport au processus complet. En plus beaucoup de peuples s'attendent commencer quelque chose et former rapidement un chargement de bateau de l'argent liquide et oublier à ce qu'un défi reste de façon vivante droit est. Le Brian remercie ! Enfin une histoire réaliste avec un résultat réaliste et un réglage sain par rapport au processus complet. En plus beaucoup de peuples s’attendent commencer quelque chose et former rapidement un chargement de bateau de l’argent liquide et oublier à ce qu’un défi reste de façon vivante droit est.

]]> By: curious.. http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/comment-page-1/#comment-351323 curious.. Sat, 23 Jun 2007 17:22:23 +0000 http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/#comment-351323 did you use any agent to connect with potential buyers? in general what is your advice about agents and other good ways to connect with potential buyers.. did you use any agent to connect with potential buyers? in general what is your advice about agents and other good ways to connect with potential buyers..

]]> By: fewquid http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/comment-page-1/#comment-350916 fewquid Sat, 23 Jun 2007 04:32:17 +0000 http://venturebeat.com/2007/06/22/sold-to-the-highest-bidder/#comment-350916 Thank you Brian! Finally, a realistic story with a realistic outcome and a healthy attitude towards the whole process. Too many folks expect to start something and quickly make a boatload of cash, forgetting that just staying alive is a challenge. Most businesses fail. Many just limp along. Being successful by any measure is tough. Congratulations on building a successful business and getting the outcome you wanted to see. Thank you Brian! Finally, a realistic story with a realistic outcome and a healthy attitude towards the whole process. Too many folks expect to start something and quickly make a boatload of cash, forgetting that just staying alive is a challenge.

Most businesses fail. Many just limp along. Being successful by any measure is tough. Congratulations on building a successful business and getting the outcome you wanted to see.

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