|
|
|
|
|
|
by swombat
6339 days ago
|
|
|
"It’s getting tougher for companies to raise money, but I think the good ones are still getting it done," said Ron Conway. I think that's key... certainly, some opportunities that were worth a shot when everyone was flush with cash are now untouchable, but angels, like all other wealthy individuals, are still looking for good business opportunities. Convincing them might be a bit harder and require a somewhat more "this start-up will make money, here's how" approach, but it should still work. |
|
|
I think it's for the best, because it has only reinforced our scrappy cockroach nature, but our 'looking for angel funding' was pretty much simultaneous with the meltdown, and things are definitely slower than they would have been had there not been said meltdown.
That said, we have been able to keep conversations going, and I believe it's because we have a number of viable business models in the works.