what's the counter balance to all the "features" being spun up as "companies"today?...the new approach to venture funding turning up. the "Quick Start" approach by CRV, the roll-out of YCombinator and TechStars, the focus of a shop like First Round Capital, etc.
are all these places are great news for entrepeneurs who have an idea and a couple smart people (preferrably a few of which are good engineers). TechCrunch has post of the basic math for the "Quick Start" program -- only piece that seems like the savvy entrepreneur will still need to negotiate is the "lock up" provision that let's the angel grab a chunk of Series A.
one aspect to consider is the bandwidth these new VC approaches can dedicate to helping nurture their expanding portfolio of small fries. money is money, and even if we're talking loans of just a few hundred grand, it seems as though the guys that get the best ROI out of this approach will be the ones who can help tweak and direct their portfolio companies enough to get them on the right track.
Thursday, January 25, 2007
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