2.6
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3.6 
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3.2 
Advice on Business Plan
TheFunded.com Discussion
Posted by Anonymous on 2013-06-13
Revenue Based Financing
TheFunded.com Discussion
Posted by Anonymous about 6 hours ago
Approachable, Honest
Fund: Reed Elsevier Ventures
Posted by Anonymous about 15 hours ago
Got an intro to Kevin and pitched him and Tony, despite it not being in their traditional zone.
Very down-to-earth, focused questions, honest and quick feedback. Didn't do anything - as the feedback confirmed what we suspected: we were too early for them. But a really efficient and positive experience.
PRIVATE: Members OnlyFair, Open, Efficient
Fund: Wellington Partners
Posted by Anonymous about 15 hours ago
Got an intro to Daniel Waterhouse and a meeting was set-up quickly.
Within 50 minutes we'd had a good hearing, been asked important questions and been given a clear signal about the two reasons why we weren't right for them (now).
When we wrote back to thank him for his time, he responded with useful advice, showing he'd given our proposition and challenges real thought.
PRIVATE: Members OnlyAngel Funding or Business Loan?
TheFunded.com Advice
Posted by DecisionTime 1 day ago
For my new venture I need to raise $1.5M - $2M to get to profitability. The business is a local NYC retail opportunity leading to ecommerce in 2-3 years (dictated by pace of certain legal changes). It could be a great cash business or scaled with more investment to shoot for something huge.
I've found a bank that has made similarly or larger sized loans to restaurants and other businesses in NYC and can get an intro from a multiple-time successful loan recipient of the bank. I haven't started fundraising yet but have been planning on angel funding, have 250K committed so far, and am confident I can raise what's needed. Should I pursue both these options at once? Is a business loan I'm personally on the hook for, and a shorter-term plan to be more of a 'family' business a good idea versus raising money from angels, on a path to venture funding, with the goal of scaling asap? I'm confident the business can make money and be profitable if I go the loan route. I also imagine I could go the angel/vc route later if I start with the loan. Any ideas or thoughts or advice would be welcome.
PRIVATE: Members OnlyDelivered on Promise, Adding Value
Fund: Ariadne Capital
Posted by Anonymous on 2013-06-14
I note that many of the comments here are 5+ years old, so I think it’s worth adding some updated opinion as the world has a habit of changing over time.
Julie Meyer is a formidable force for good in the British/European entrepreneur scene. She is fantastically well connected, and to the right people (which is no small thing if you have a b2b product and speed to market is key), understands the difficult dynamics of startup life, has real empathy, business insight and she will do as she says. If I had a penny for every VC who said they’d do something and didn’t….
It is true that Ariadne isn’t running a big fund, but that’s ok. Julie works tirelessly to help fund European entrepreneurs at the earliest (read 'hardest') stage and has successfully deployed capital. Furthermore, she believes passionately in the spirit of entrepreneurship and is a true champion of those who try.
I have observed Julie operating at startup Board level – behind closed doors where difficult decisions are made and real strategy is formed. She is energetic, creative and adds tremendous value and insight. She encourages the entrepreneur to think differently about their business model, asks insightful questions and is unafraid to dig deeper, at all times with a positive, proactive demeanour that is inspiring.
If you want an ex-banker/consultant/accountant with zero operating experience giving you money and advice from an ivory tower, then take your pick of the countless European VCs on offer. But if you seek someone who is wisened by experience, will open doors, help you navigate choppy waters and tirelessly stand by you when the chips are down, then Julie is your woman.
Whatever you do, make sure you know exactly what skills you want from an investor and then seek them out. If you don’t, you will only end up disappointed and critical of those trying to help.
PRIVATE: Members OnlyOptions for Saa S Product Divestiture
TheFunded.com Discussion
Posted by Anonymous on 2013-06-13
Apply to Pitch at the Founder Showcase (Deadline is Friday)
TheFunded.com News
Posted by jonnystartup on 2013-06-12
Are you a seed-stage startup looking for funding or exposure?
Then apply to the Founder Showcase, TheFunded.com's free Pitch Competition, where previous presenters have raised over $75 million.
http://foundershowcase.com/apply
Any company less than two years old with less than $250,000 USD in funding is eligible, but the deadline to apply is Friday, June 14th.
The six finalists will get to pitch at the Founder Showcase on July 17th, in front of hundreds of Silicon Valley investors and press.
Don't miss this opportunity to apply.
For more information, visit http://foundershowcase.com.
PRIVATE: Members Only