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.. were you planning on giving me photo credit for that shot of pete?
Dan Kogan
HealthWorldWeb.com
it's possible the doomsayers who are predicting nuclear winter 2.0 may be correct -- for companies trying to raise money on $500m pre-money valuations. however, most of the smart, young entrepreneurs i know only need $250K-$2M (or less!) to put together a cool new startup. and there's plenty of silicon valley angels willing to fund good ideas on that kind of budget.
the next wave of great startups is more likely to be born from a small amount of money and a large amount of brilliance than vice versa.
;))
It used to be my Dream to shoot a TechCrunch Party but Screw that - I wanna Shoot a Mashable Party!! Preferably in Ibiza onboard Paul Allen's Yacht*
+ thx fer reminding me to Not Get a Real Job!! Yer Keeping the Dream Alive* p.s. I only need a Lousy $Million***********
I think you will all be suprised by CHI.MP
That's just my guess. They have quite a different approach, compared to all of the other Identity management apps out there.
Sometimes it's more about getting interest going then actually ROI up front. Also ROI may not happen for a good 1 - 5 years after launch.
-Joe
If/As the market gets worse, the ad industry (and others as well) will probably become less probably short term. Additionally, there will be an increased cash crunch, which may force bigger firms with solid monetization plans to go to VC's for funding, which may leave less funds available for startups - especially the ones with no business model.
I expect to have a harder time with funding if the recession increases
I wish I could be there!
Nice post.