Fundraising Without V.C.'s – Austin as the Alternative Capital Capitol

Submitted by johnerik on Mon, 02/18/2008 - 1:49am.
::
03/04/2008 - 6:00pm
03/04/2008 - 9:00pm

Rice Alliance Austin Chapter Speaker Event
"Fundraising Without V.C.'s – Austin as the Alternative Capital Capitol"

Tuesday, March 4, 2008
6:00 p.m.
Stephen F. Austin Hotel, 701 Congress Ave., Austin, TX

Event Time
6:00 pm registration and networking
6:30 pm presentation
8:00 pm conclusion of event

Online Pre-Registration Deadline: Thursday February 28, 2008

Cost
$15: non-members and members of the general public
(early registration by Feb. 28 deadline)
$20: Walk-up Registration

"Fundraising Without V.C.'s – Austin as the Alternative Capital Capitol"

Some of our best friends are VCs and bankers…they're even on our advisory board. But they are not a good option for every entrepreneur and idea.

This session is for entrepreneurs interested in alternative ways to raise capital. Our expert panel will share experiences and tips for raising money through bootstrapping, angel investors, grants, and non-traditional debt.

Speakers include Bijoy Goswami of Bootstrap Austin, Jamie Rhodes of the Central Texas Angel Network, Commercialization Funding Coach Fred Patterson, and Doug Mangum of Silicon Valley Bank. Bob Smith of Bridgepoint Consulting and Matt Cohen of OneSpot will moderate.

Questions? Please email alliance@austinricealliance.org

(this is gonna be good)
Submitted by johnerik on Mon, 02/18/2008 - 1:50am.

(this is gonna be good)

Yes, it really does sound
Submitted by softwarejanitor on Mon, 02/18/2008 - 1:12pm.

Yes, it really does sound interesting...

Any thoughts on "angel
Submitted by shey on Mon, 02/18/2008 - 10:13am.

Any thoughts on "angel funding" vs. traditional venture capital funding? I assume the former is preferable and easier to arrange for super small startups?

I wouldnt say it's easier.
Submitted by johnerik on Mon, 02/18/2008 - 10:54am.

I wouldnt say it's easier. (not that i'm the ultimate source)

I guess it depends on the type of venture. "Angel Funding" seems to have various uses. For instance, you could have an uncle who gives you 50K - you could call him your Angel investor. or, you could raise money from a professional angel (still a single person), he/she is likely to deal out 50-500K. OR! you could go to an Angel Network (getting closer to a VC now) you could potentially get 500K-2M from them...

i'd like to have a fund that invests 2-50K (so low it's almost micro finance)

what are your thoughts?

Wordpress just raised $20
Submitted by shey on Mon, 02/18/2008 - 12:47pm.

Wordpress just raised $20 million plus from VC and that's about the best investment ever (other than google). They originally got $1 million but they became profitable so fast with wordpress.com that they didn't even need to touch it. It should be really exciting to see what wordpress does with this. If they make more apps like wordpress this could be very, very smart money for these investors.