5 milestones to reach before raising venture capital
I meet lots of web entrepreneurs who tell me they want to raise venture capital. Most of these people are first time entrepreneurs and they just assume that once they’ve got an idea, the next thing to do is raise venture capital. That’s naive.
I always ask myself is, “is this person/company ready to raise money?” and 99 times out of 100 the answer is “no”.
Now, as a disclaimer, I have never raised venture capital… Continue Reading
Startup Fundraising 101
Back in 1998 during our first startup, ViewPlus, my co-founder (and close friend) Jimmy Kim and I went through the usual hardships of begging for money from friends and family, digging into our piggy banks and signing up for credit cards like they were lotto tickets.
Once we were up and running, we made a commitment: To help other entrepreneurs whenever possible; to share our stories and advice; and to try to help them avoid the… Continue Reading