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en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
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Old 04-28-2008, 05:08 PM   #1 (permalink)
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Website(s) for getting funding

Greetings all,

I am the Development Director for fundfindr. I'm in the middle of some competitive research and I was wondering if anybody knows of any sites (other than fundfindr) where you can post your business idea or pitch and get funding.

Further, I'm also wondering what kind of feedback entrepreneurs have been receiving from posts in this forum and if any of you have actually found funding through this method.

Kevin McLeod
Development Director
fundfindr
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Old 04-28-2008, 06:08 PM   #2 (permalink)
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Check out gobignetwork.com.
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Old 04-28-2008, 09:56 PM   #3 (permalink)
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Originally Posted by fundfindr View Post
Greetings all,

I am the Development Director for fundfindr. I'm in the middle of some competitive research and I was wondering if anybody knows of any sites (other than fundfindr) where you can post your business idea or pitch and get funding.

Further, I'm also wondering what kind of feedback entrepreneurs have been receiving from posts in this forum and if any of you have actually found funding through this method.

Kevin McLeod
Development Director
fundfindr
kevin, get a clue
if you've ever raised private equity/vc/angel money you'll know very well that these transactions don't happen between strangers who find each other on the internet. the reasons for this have been explained in detail by many financiers who finance entrepreneurs.
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Old 05-06-2008, 06:35 PM   #4 (permalink)
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kevin, get a clue
if you've ever raised private equity/vc/angel money you'll know very well that these transactions don't happen between strangers who find each other on the internet. the reasons for this have been explained in detail by many financiers who finance entrepreneurs.
Hi akula,

Thanks for the reference - it mirrors what a lot of Vancouver investors and angel groups have said. In fact, if you go to fundfindr.tv, you'll see that we have a number of well respected experts giving some fairly candid advice on the do's and don't of starting a business.

I'd love to share with you more on how our upcoming model is going to turn the funding world on it's head, but that phase of our business is still in development. For now, we provide entrepreneurs with a free 24/7 platform to broadcast their pitch. Our hope is that this will increase the chance the entrepreneurs will get that face-to-face time that you rightly point out is a critical component of any transaction.

Kevin

Last edited by fundfindr : 05-06-2008 at 06:40 PM.
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Old 05-06-2008, 06:36 PM   #5 (permalink)
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Kevin

Check out gobignetwork.com.
Thanks gobuffs. Have you used gobig? If so, what do you like and not like about it?
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Old 05-06-2008, 09:55 PM   #6 (permalink)
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Hi akula,

Thanks for the reference - it mirrors what a lot of Vancouver investors and angel groups have said. In fact, if you go to fundfindr.tv, you'll see that we have a number of well respected experts giving some fairly candid advice on the do's and don't of starting a business.

I'd love to share with you more on how our upcoming model is going to turn the funding world on it's head, but that phase of our business is still in development. For now, we provide entrepreneurs with a free 24/7 platform to broadcast their pitch. Our hope is that this will increase the chance the entrepreneurs will get that face-to-face time that you rightly point out is a critical component of any transaction.

Kevin
The point is, serious investors don't have the time to go online to a website and browse through thousands of business plans and pitches. Time is valuable, they don't have time to read even a tenth of the business plans submitted to them, why would they have the time to browse unsolicited plans on the internet? The answer is, they don't. Unless it is a specific sponsored competition, serious investors won't be attracted to such a service.
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