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My point is that if you find a way to make progress on your own, you should be able to get to a product or proof point that enables you to raise capital. In other words, the problem isn't that you can't get funding, the problem is that you haven't built something good enough yet. Inability to raise capital is the result of a problem, not the cause. For certain types of businesses (life sciences, cleantech, movies?) the dynamics of raising capital may be different -- I'm primarily talking about software/internet companies.
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Aggregate stats are irrelevant in evaluating any 1 company. It seems a lot of folks try to find reasons to explain why they aren't successful: -They live outside the Valley -VCs are too risk averse/can't get funding -Macroeconomic issues -Overall failure rates These are just reasons to rationalize giving up. If you build something valuable none of the above matters. If you don't believe in what you're building anymore, time to start over/move on. Either way, find reasons to succeed... not reasons to fail.
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I attended the first event, but missed this one because I didn't hear anything about it. Is the only place to get info about the meetups on the TSF website?
Toggle Commented Apr 9, 2010 on Triangle Startup Factory Mixer 2 at Southeast VC
Some of these folks fall into both categories, but here are 6 of each: Entrepreneurs: Peter Thiel, Steve Blank, Mick Mountz, Elon Musk, Mark Pincus, Mark Zuckerberg VCs: Josh Kopelman, Maria Cirino, Vinod Khosla, Brad Feld, Mike Maples, Jr., Marc Andreesen
Toggle Commented Mar 10, 2010 on VC Bookworm at Seeing Both Sides
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Mar 10, 2010