Re: [SiliconBeach] Re: Apply for Disrupt@Scale ($75K)

2015-01-06 Thread Jason Seed
NO. Thats not a startup incubator/competition, that is devs for hire at Ramen Soup rates. Jason Seed 650 454 5311 On Tue, Jan 6, 2015 at 3:20 PM, Colette Grgic colett...@gmail.com wrote: Also unusual to have such a large a corporate offer to scale your product to their staff and/or

Re: [SiliconBeach] Apply for Disrupt@Scale ($75K)

2015-01-06 Thread Michael Ridland
It says you don't need a tech team, this might be good for a biz person with just a good idea. On Wednesday, January 7, 2015, Jason Seed jasoncs...@gmail.com wrote: NO. Thats not a startup incubator/competition, that is devs for hire at Ramen Soup rates. Jason Seed 650 454 5311 On Tue,

[SiliconBeach] Re: Apply for Disrupt@Scale ($75K)

2015-01-06 Thread Colette Grgic
Also unusual to have such a large a corporate offer to scale your product to their staff and/or customers, no? Two startup problems (aside from tech co-founders woes!) we all hear about incessantly is 1.) lack of funding and 2.) that's it's hard to get traction and critical mass. Despite the

Re: [SiliconBeach] Apply for Disrupt@Scale ($75K)

2015-01-06 Thread Jason Seed
I did not dive deep enough, either way this does not build a startup Jason Seed 650 454 5311 On Tue, Jan 6, 2015 at 3:37 PM, Michael Ridland rid...@gmail.com wrote: It says you don't need a tech team, this might be good for a biz person with just a good idea. On Wednesday, January 7,

Re: [SiliconBeach] Apply for Disrupt@Scale ($75K)

2015-01-06 Thread Geoff McQueen | AffinityLive
Yeah, that doesn't seem like a very good deal to me either. Standard terms I'm seeing here in the Bay area are seed rounds of $500K-$1MM on a cap of around $4MM. Even if you halve these numbers for the Aussie market and see $250K on a $2MM cap (12.5%), having 2.5x of equity sold for a third of the

[SiliconBeach] Re: Apply for Disrupt@Scale ($75K)

2015-01-06 Thread Geoff Langdale
$75,000 investment for *30% equity* This is... unusual, isn't it? -- -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2)