Ever raised capital on the internet?

**tbeer22** · 06-04-2008 12:16 PM

I'm interested to know if anyone on here has ever successfully raised money for a business endeavor using gobignetwork.com or any of the other online websites that claim to have thousands of VC and angel investors?

**optiwizer** · 06-04-2008 01:30 PM

They are good for initial contact.

**StealYourDreams** · 06-04-2008 03:28 PM

Originally Posted by tbeer22

I'm interested to know if anyone on here has ever successfully raised money for a business endeavor using gobignetwork.com or any of the other online websites that claim to have thousands of VC and angel investors?

No and I doubt you will find someone that has. The only ones claiming to have any success in doing so have a vested interest in you signing up for services.

Individuals, angels, and VCs do not source deals online. They have enough people approaching them either cold or through referrals.

Also, make sure that you check with any applicable laws to make sure any posting you make does not constitute general solicitation.