Remove Cofounder Remove Social Network Remove Term Sheet
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Announcing our investment in Ada Support – the AI support platform that’s answering 2 million questions a month

Version One Ventures

million seed round, we’re looking back at our journey with founders Mike Murchison and David Hariri. Intrigued, Boris reached out to Mike Murchison and learned that he and his co-founder David Hariri were building a social network to help others solves problems online. . That’s a win for everyone. .

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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. If a VC term sheet comes in they begin their due diligence process. A few years ago it became fashionable for large VC’s to do seed funding.

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Instead of sticking a fork in the venture market, realize. there is no fork

This is going to be BIG.

How else can you explain this headline matching a story about a professional social network still trying to explore revenues raising $17mm on an $80mm valuation? This is a company that, according to the article, got term sheets from half of the VCs that expressed interest in the company. There is no fork.

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Women 2.0 Pitch Night…batter swing!

Sophia Perl of Wisdom

Use the 10-5-3-1 formula for raising money: Have 10 great meetings with investors, 5 of those do detailed due diligience on your company, get 3 term sheets, and 1 transfer into your bank account! A lot of entrepreneurs attended the event as evident by business cards with “Founder&# listed.

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Women 2.0 Pitch Night…batter swing!

Sophia Perl of Wisdom

Use the 10-5-3-1 formula for raising money: Have 10 great meetings with investors, 5 of those do detailed due diligience on your company, get 3 term sheets, and 1 transfer into your bank account! A lot of entrepreneurs attended the event as evident by business cards with “Founder&# listed.

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Building The Machine Podcast Episode 5: Dan Kimerling Deciens Capital

Eric Friedman

Dan is the co-founder of Standard Treasury, a Y Combinator backed company. He is also co-founder and Managing Partner of Deciens Capital, an early stage investment fund. What I mean by this is that a lot of folks are perched on soap boxes across social networks, shouting from the hilltops. On Sushi and VC.

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Don’t Try to “Pull an Instagram.” Here’s Why …

Both Sides of the Table

…” I’ll write soon on my views of why I believe Instagram took off as a social network and what I think comes next. Instagram happens to be one of the few social networks I regularly use along with Twitter. Just checked their balance sheet. Oh, I know – we’ll just ask them for cash!

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