After failing miserably to raise 18 months ago, digging deep and bootstrapping our way to profitability, we made another attempt earlier this year and got a huge break by getting into 500startups.
We are now in the middle of raising our seed round and are doing a much better job at it than previously. I wanted to share some of what we’ve learned that helped made the current attempt a successful one.
Continue reading The ABC of raising your seed round
Today Robert Scoble came to visit our batch at the 500startups offices. He did some 1-on-1 sessions and later gave a free-form talk, mostly about Google Glass (not surprisingly), but also about reaching out to tech media. Here are a few bullet points from the talk –
This looks an awful lot like advice for fund raising. Robert has put himself and other prominent bloggers / tech blogs on the same level as investors as far as getting their attention is concerned. Is this a reasonable positioning for tech media?
IMHO, no.
Continue reading The awkward relationship of tech bloggers and startups
The first week of the 500startups accelerator program is in the books, and I definitely feel accelerated. Keeping with the current Star Trek theme at the 500s offices, I’d say we’re about Warp 7 right now after previously being at sublight speed for an extended duration. Lets go over what we managed in 1 week:
Continue reading Recapping Week #1 at 500startups accelerator program