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When They Are Throwing Money At You

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Re: When They Are Throwing Money At You

#7

How many people are in the position where they are getting money thrown at them, vs. people who are looking for funding but can't get any? What does that say about the perspective of the funder vs the perspective of the fundee

Getting Money Thrown at me

Re: When They Are Throwing Money At You

#8
post #4

Awesome post. Sure wish some of that easy VC money existed in Canada. But maybe 3 years from now another bubble will pop and Canada will again fail to notice anything happened.

"I have not seen a better time to raise money for web startups since the late 90s."

oh boy...

Re: When They Are Throwing Money At You

#9
post #8
post #4

Awesome post. Sure wish some of that easy VC money existed in Canada. But maybe 3 years from now another bubble will pop and Canada will again fail to notice anything happened.

"I have not seen a better time to raise money for web startups since the late 90s." oh boy...

The difference is that it is so cheap to do your own startup that you can do it with or without other people's money. That was not the case 12 years ago.

The second thing is that the rest of the country is in the worst recession in 70 years - if you are not going to put your money in tech, where are you going to put them?

When the recession ends, money will flow out of tech and into the general market, but that is going to take time and is unlikely to be a sudden rush, more of a slow stream.

Re: When They Are Throwing Money At You

#10
post #4

Awesome post. Sure wish some of that easy VC money existed in Canada. But maybe 3 years from now another bubble will pop and Canada will again fail to notice anything happened.

Many VCs and angels will invest outside their geographic area. (For example, I think USV has three investments in Europe now, and a batch on the West Coast.)

Your location isn't an advantage, but if you would benefit from a raise, I wouldn't let that stop you from trying.

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