Preparation and research are keywords when raising money
1226_ 6/22/12 - At w3w3.com, the voice of the technology community, we link people and organizations to valuable resources and we've cornered a great resource today at the TiE Rockies Entrepreneurial Roundtable with Bob Goodman presenting, The VC Experience. Of course, Bob's background is loaded with experience and is very interesting. Bob says he's got all the scars and bruises from working with venture capital as well as working with government and universities. And he's seen a lot of things, some done correctly and some not so correct. He is fortunate to have a lot of experience with startups, but he started with big Fortune 500 companies and worked his way into the startup world. It's been exciting for him and something he personally has driven towards. During his keynote address at "The Venture Capital Experience - Finding the right VC and working through the due diligence experience" Bob discussed these topic areas...1) Finding the right VC - Rifle shot versus the shotgun approach. 2) What to expect (change in control, stock options, equity, valuation) when receiving funding from a VC. 3) The due diligence process is something that should be taken seriously and expeditiously. He's sold companies, he's been with startup companies that made it, some didn't make it. That's just the nature of the beast. Larry recognized those early in his career and calls them 'learning experiences'. Bob has also dealt with investor types - mostly on the venture capital side in the Northern California environment, the Sand Hill Road gang. Also the Boston gang, and he's worked with foreign investors as well. We asked Bob for the single most important piece of advice for an entrepreneur wanting to raise money. "Preparation and Research! Be sure, if you're raising money, you know why you are raising money. So prepare all the background information. It's important." ...there's much more...listen now...
Related Links: Bob Goodman LinkedIn || TiE Rockies || TiE Charter Membership || Podcasting Directory || In the News || Venture Capital || Keywords: Bob Goodman, TiE Rockies, Venture Capital, VC Experience, Investors, Entrepreneurs, Preparation, Research, Raising Money, Due Diligence, bytes=4370153
LISTEN TO: Robert Goodman, TiE Rockies, The VC Experience
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