One of the more interesting takes on venture development recently is Vancouver’s own Bootup Labs founded by Danny Robinson and Boris Mann. Bootup has an innovative take on how to get ventures nurtured to the stage where they are either more fundable or they can continue to bootstrap with monetization underway. Build the company, prove it can make money and then fund it - the opposite of many early stage approaches. Their recipe calls for the community of investors and entrepreneurs to embrace hard-ass business model scrutiny and refinement from the start, for the celebration of failure and for the winners to pay it forward (and back).
Danny put out an open call to fundfindr and other key players in the venture capital circle recently and the ensuing dialogue makes excellent reading. Even Guy Kawasaki chips in. Danny points out that Techstars and Y Combinator are other efforts at new approaches. Of course, fundfindr and Vencorps are online platforms built to transform venture capital productivity, too. Weigh in. What do you think?
For more from Bootup and other great resources, check out our blogroll.
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Posted: Aug 20th, 2008 at 10:08 am |
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