Venture funds, traditionally, have been extremely selective about their investments. Many firms barely make 5-10 investments a year, and only about 50 investments in the entire lifetime of a seven year fund. Lately, however, I am observing a different structure emerging in the early stage market. Instead of 5-10 investments a year, some investors are
Sramana Mitra: What are the core benefits that your community offers to the investors? Korstiaan Zandvliet: There are several motivations for investors to invest, so the benefits differ accordingly. What the community offers to all investors is engagement and information/updates about the plan. The entrepreneur provides the latter by answering questions, sending out emails, or
Sramana: Did you start a marketplace for photography or for flash files? Collis Ta’eed: Selling Flash on a photography site did not make a lot of sense. It was not meeting our needs, but we were able to see enough of the Flash files selling that we could tell there was indeed customer demand. We
Before I get into today’s roundtable, I want to point you to a discussion on Democratization of Startup Financing that I suggest you read, given your interest in early stage startups. Here’s an excerpt: In anticipation of the JOBS Act, the democratization of the startup and small business financing industry is heating up. I wrote
In case you missed it, you can listen to the recording here:
Today’s 149th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, November 15, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. IST. Click here to join.
Today’s FREE online 149th 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, November 15, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. IST. Click here to join. All are welcome!
Korstiaan Zandvliet holds an MSc in New Business Venturing and Entrepreneurship and has a background in sociology and business administration. He is a frequent writer of blog articles on social media, crowdsourcing and c. After holding a position as marketing manager for a Dutch software company (www.mendix.com), he co-founded a company called Symbid, which aims to