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GT VentureLab: Thinking of Raising Money for your Startup? by Lost at 3:34 am EDT, Jun 8, 2008 |
Raising money for your company is brutal. It is time consuming, frustrating and can be a real blow to your ego. And that's if you already know what you're doing. You are dealing with people who invest money for a living. You, on the other hand, have likely never done this before. There is a lot to learn about the process - far more than you can imagine. Don't wait until you need capital to start learning, then it will be too late. You need to being the process of educating yourself now. Here are three resources that I would suggest you go to.
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RE: GT VentureLab: Thinking of Raising Money for your Startup? by falun at 1:09 pm EDT, Jun 8, 2008 |
Jello wrote: Raising money for your company is brutal. It is time consuming, frustrating and can be a real blow to your ego. And that's if you already know what you're doing. You are dealing with people who invest money for a living. You, on the other hand, have likely never done this before. There is a lot to learn about the process - far more than you can imagine. Don't wait until you need capital to start learning, then it will be too late. You need to being the process of educating yourself now. Here are three resources that I would suggest you go to.
I'm not sure to what degree VentureLab is constrained to work only with Tech students and faculty but most of the folks there are extremely helpful. Their initial bits of funding range from 10k-25k and is a grant with a few hoops to jump through but doesn't dilute the company at all. After that they'll help prep you for, and put you in touch with larger VC if you need. For any folks related to Tech I strongly recommend VL as your first stop when looking for seed funding -- even if they can't provide you any they'll likely hear your pitch, provide feedback, and likely point you at folks that can work with you. |
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