Devon Glenn with Mediabistro’s mbStartups recently discussed 1M/1M and the roundtables with Sramana Mitra for her article, Before You Pitch An Investor, Pitch Here. You can read the entire article here.
Kenneth Darryl Brown recently discussed Sramana Mitra’s book Bootstrapping: Weapon Of Mass Reconstruction with her on BlogTalkRadio’s The Passionate Entrepreneur! You can listen to the entire interview here.
By guest author Irina Patterson Irina: What is a typical valuation of a company when you are investing? Ray: We don’t touch anything more than $4 million. Irina: Do you think in terms of equity, and how much equity do you usually seek? Ray: In terms of equity, it depends. We don’t have the percentage
By guest authors Irina Patterson and Candice Arnold Irina: What do you do for companies that you decide not to invest in? Dick: We make contacts for them. That’s probably the biggest thing we can do for them – help them understand what they need to do to make them more eligible [for funding] or
Sramana: Cost of development is also attributed to quality design. Perhaps you gained significant savings because of that? Nir Zuk: We saved money because we were able to hire extremely high quality engineers in the United States. You can’t hire the same quality of engineers in China or India.
By guest authors Irina Patterson and Candice Arnold Irina: At what stage of a business’s development do you prefer to invest? Dick: Really, anywhere from what I would call pre-seed to developmental. We’ve even invested in one expansion-stage company. Irina: How about if somebody comes with an idea on paper? Dick: No. But we have
In case you missed it, you can listen to the recording here.
By guest author Irina Patterson Irina: Let me ask you, are there any charges to entrepreneurs at any stage as they are going through the process of presenting to TCA? Ray: No, we don’t believe in charging because we see them as our customers; they are our partners. I don’t think its right to charge