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There’s no use banging your head against a VC’s door with a social network venture if they only invest in biotech companies. While VCs are the toughest nut to crack, there are many other (often better) sources of seedcapital that may be available to you. Gust takes advantage of the cloud, and you should, too.
When David Cohen and I came up with the idea for the Global Accelerator Network (GAN) in 2010, we counted roughly 100 accelerator programs around the US that were founded following the Techstars model. From that initial outreach, 16 high quality accelerator programs joined us to launch the network. Others are not.
One of the things we frequently discuss with founders is how to interpret and manage their dialogue with VCs when raising capital. We’ve written before on how to research partners , how to pitch the right investor at a given firm, and how to raise seedcapital , generally speaking.
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