These last two days have been incredibly busy. We’ve driven all over the Bay area now, meeting up with people we’ve been introduced to.
Some items of note:
1. Gotta have a great personal brand. Otherwise, why would someone introduce you to one of their buddies in the VC world?
2. Try to find the good people. So many VCs are into the money and that’s where the term “sharks” comes from, and they always want something. We’ve been really fortunate to have been introduced to many who have offered their help to a bunch of amateurs like us.
3. Making the connections is crucial. Who knows when you’ll need some other people to go into a deal with? Or, they can help you with deal flow they see by referring deals to you that are more appropriate for your model versus theirs, and likewise.
4. More and more entrepreneurs are popping up. It’s nice to see this happening with previous associates. Many are starting up things and now looking for funding. As soon as they hear what we have to offer, they really like what we bring – experience, connections, help.
If only now we had the money….Onwards to fund raising. Our paperwork is almost done!