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Jul. 09 2008 at 8:25 AM
No Photo Posted by: stefanBG
Terrific hardknocksmba!
10x again for the helpful advices!
This time I agree with you :)

Haha, a track record of investment ..lol ... Although the funds I have talked with are not infamous, but really little is available publicly. When I asked them to communicate only in written form, so in a way to record our negotiations. However, they never replied! So,  I doubt that they would submit a trackrecord with details. Maybe, this was a rude signal from me that I do not trust them!!!

I wrote early  that the company is running so there is revenue and there are assets, but we are still in a bootstrap money. The best thing is that now it has a team!
The plan is exactly as you say - have few rounds with different investors and draw exactly what we need for purposes that each investor is usually funding. And as rounds go on, yes we would need a very trustful investor since what we would need is more connection and negotiating power that funds usually have.
It is gona be a hell of a search. I don't wont to hear that lousy "We dont understand anythng from this business" again. This time we shall ask questions first! Like picking up a dude for a mission (dont want to use a girlfriend example although it is closer :).

This forum has eveloved well. Have alaigned a couple of view points and concluded into live scenarious. I hope anybody looking for a START UP  FUNDING would find it.

Many thanks to all participants,

Regards

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