James Bailey completed his economics degree at Durham University in 2005 and started working in a technical role at data marketing specialist Dunnhumby on the campaigns team. After leaving Dunnhumby, James worked full time on a large property development in Morocco. He approached Tarkan Ahmet with the goal to create the UK’s best crowdfunding platform back in April 2011. Since then, James has been working with Tarkan on growing PleaseFund.Us. They have based the company at their Queens Club, London, office, from where James has been working full time since August 2011.
Sramana Mitra: What is your offering in the domain of crowd funding to fund startup ventures?
James Bailey: PleaseFund.Us is a unique crowdfunding platform in terms of both service and offerings. >>>
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 help nascent entrepreneurs to overcome financing problems for their start-up or small business. Symbid focuses on entrepreneurial finance needs up to €2.5 million by using the concept of crowdfunding in a new way. In contrast to currently available crowdfunding sites, Symbid developed a financial and legal framework, which allows crowdfunders to actually become a shareholder of the offered crowdfunding propositions. For more information, visit www.symbid.com.
Sramana Mitra: Korstiaan, welcome to the blog. To start, would you tell us more about your offering is in the domain of crowdfunding to fund startup ventures? >>>
As you may know, I’m a strong supporter of bootstrapping. But I understand that some companies simply can’t get off the ground without significant financing from investors like those at Kae Capital. My interview with managing director Sasha Mirchandani will help entrepreneurs who are looking for seed capital to understand what to expect if they should decide to pitch investors at Kae Capital.
Sramana Mitra: Hi, Sasha. Tell us briefly about your group. >>>
[We just received a tragic news that Rahul passed away of a cardiac arrest.]
The entrepreneur ecosystem continues to grow in India. This is an exciting time for both startups and investors. As my interview with Rahul Patwardhan of IndiaCo shows, there are investors for every sector. If they do their own due diligence before sending out pitches, those entrepreneurs who need funding to get their ventures started can find several potential investors in their chosen industries.
Sramana Mitra: Hi, Rahul. Tell us briefly about your group. >>>
The entrepreneur ecosystem in India is growing by leaps and bounds. Still, almost all of those who apply for funding are rejected, and it’s not always because they don’t have viable products or services. Often, entrepreneurs get rejected because they pitched to the wrong investor. An entrepreneur with an e-commerce company should not be pitching to an investor who specializes in green tech or manufacturing. Read carefully, entrepreneurs, if you want to pitch to Rehan yar Khan. >>>
Sometimes, the reason an entrepreneur is denied funding isn’t because he doesn’t have what it takes to succeed. And it’s not because he doesn’t have a viable idea. Sometimes the only reason an entrepreneur gets turned away is because he didn’t pitch to the right investor. Read on to see what Mukund Mohan and his wife are looking for in a company and in an entrepreneur.
Sramana Mitra: Hi Mukund. Tell us briefly your background.
Mukund Mohan: My wife and I have been investing as individual investors in early stage technology companies for over 10 years, since 2001, in the Bay area, and since 2008, in India. We have invested in seven companies so far in India, and in the US we had invested through an investment vehicle called Zodiac Ventures LLC. >>>
We are doing a retrospective on my blog on Seed Capital from Angel Investors as part of the 1M/1M project. As we speak with a variety of angels in different regions, what strikes me is the number of startups out there looking for seed capital. >>>
By guest author Karen E. Wilson
A new book from the Organisation for Economic Co-operation and Development (OECD) looks at seed and early stage financing for start-up companies and notes the impact of the recent economic crisis. With banks reluctant to provide loans to startups and venture capital firms preferring to invest in later stage companies, a growing class of experienced entrepreneurs and business people are stepping in to fill this funding gap. These “angel investors” not only provide funding but also leverage their expertise to provide mentoring to the entrepreneurial teams in which they invest, according to a new OECD report. >>>