Personally see a few things that from experience i would be worried about : a) 15% is too high for 50K. b) mentors putting in their own money early on. As a founder you need a mentor that can call bullshit on a deal. They can guide you without thinking about their own investment. The best value a mentor can offer is real world experience and wisdom without their own interest getting in the way.
A good incubator and mentor are able to help the entrepreneur grow as a person. As the entrepreneur grows, so does the business. On Thursday, May 29, 2014 8:46:47 AM UTC-7, blindman2k wrote: > > Agreed. There's gold in them there hills. > > I found this on the eligibility page: > "The GRIFFIN accelerator program will consider a spectrum of products and > scalable services where government is a potential target customer." > > This sounds like government is the only vertical of interest. > > The website design is a bit "University circa 2001". If you want to > attract young hopeful upstarts why not hire one of them to design something > that appeals to them. > > A. > > > On Thursday, May 29, 2014 4:38:37 AM UTC-7, Ryan Wardell wrote: >> >> Hey Craig, >> >> THIS bit is really exciting >> >> "willingness to *take on businesses targeting government or enterprise >> customers*, etc" >> >> Until you mentioned it, I had no idea that was the case. If that's the >> vertical you're focusing on, I can see how the mentor roster and the >> location in Canberra would be enormously valuable. >> >> If you can help startups sell into government and big corporates, I can >> see this being a very compelling opportunity indeed. Great stuff! >> > > -- -- 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) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en --- You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To unsubscribe from this group and stop receiving emails from it, send an email to silicon-beach-australia+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
