All this being said, Richard, thank you for bring this to the list and trying to contribute to the ecosystem in this way. I hope our comments are taken as constructive feedback. Perhaps some of us can help co-ordinate other investors you might syndicate with as well as second and third tier institutional money to actually build a through line from seed, A and B. This would, of course, require you to re frame your investment criteria, but perhaps a board of veteran advisors might help you limit the risk and even connect you with VCs in the valley to hand off your companies once they mature.
What do you think Richard? Chris Saad Cell: 646 797 2890 Twitter: @chrissaad FaradayMedia.com . Media 2.0 Workgroup . APML.org . DataPortability.org On Wed, Oct 1, 2008 at 6:31 PM, Craig <[EMAIL PROTECTED]> wrote: > > If I have revenue and especially profits why would I want $100-200k? > For that amount of money I can't really do anything. I could hire > another developer to do more development for a year, but it is not > enough to do any serious marketing. I would consider that funding > range to be for developing an idea to see if it will fly, rather than > investing in a profitable business. > > > > > The group has about some serious private money and any investment will > > be in the $100-250K range. > > > > 3. Revenue and hopefully even profits (or at least a reasonable path > > to profitability) > > > > --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en -~----------~----~----~----~------~----~------~--~---
