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Great article.Why The Value Of The Fund-Raising Process Is Not Just The Funds.
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So damn true..fund raising is not just about money..its a lot bigger picture of adding value to the company..I can relate to it as I am currently in the middle of this fund raising process for our brandwww.husbandandwifestore.com
Great Article! We are in the process of finishing our first beta version and soon will go through all this that you just shared. It's encouraging to see this type of stories of people that had to be in the front line to get it out and learn about their experience instead of just hearing this or that company raised another 10M USD. I wish your startup the best!
PS: Thanks Dharmesh for OnStartup in general ist a great resource, and thanks for having Rene's guest post!
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Great points. I'm part of an angel network in S. Cal called Tech Coast Angels--Most members are former CEOs/Senior execs with great skills and massive networks...you are absolutely correct in that the non-money support is so important. For example, we have found CEOs, found CTOs, lined up early customers, helped build the go-to-market strategy, helped generate PR, lined up off-shore mfg, and so on.
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Thanks for revealing this super valuable resource!completely revolutionized!@Sara
Fundraising,even when not necessary, is important to vet and test out assumptions. My wife is a scientific researcher who is on both sides of peer-reviewed NIH grants (both applying for and reviewing). For her, getting funding that doesn't go through peer review lowers the probability of eventual scientific success, just as a self-published article is not only less credible, but often less accurate than a an article which has gone through the editing process of a scientific review.
If you can't sell it, it ain't worth giving away.
I could not agree more. We are in the process of raising a small seed round; and are more excited by the contacts from our investors than the funds themselves (though they are much needed).
Nowadays bloggers are busy to post messages, I am excited to do the same, good luck to everybody. Thanks to the administrator for given me a chance to post this site and thanks also to Swiss watch online
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A Wonderland of LED Strip Light
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Scissor Lift Safety
Scissor Lift safety is among cosmetic tools
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How to Buy Eyebrow Tweezers
Although there are lots of brass fittings
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I agree that meaningful fund raising can unify members within an organization, especially if funds earned result from wholesome activities and products sold.
definitely informative read..