More media coverage for fundfindr with a feature yesterday on vator.tv, Entrepreneur Matchmaking sites. Is there a market for services that bring ideas and money together?
Vator.tv is a media site that features innovation, new ventures and social networking. We’ve been a fan since we discovered them last summer and we recommend posting your pitch on vator as well as fundfindr to extend your audience. In this regular feature, Vatorbox, host Bambi Francisco, Investment Banker Ezra Roizen and Analyst Lise Buyer discuss fundfindr and RaiseCapital.com - two of the emerging professional networks for small business.
The panelists reinforce that services like fundfindr are definitely needed with over 80,000 small businesses registered on Facebook alone, a million new small businesses annually in the U.S. and 57,000 angel investments last year. They discuss the challenge in business models that entrants face, provide a pitch critique and pick a winner - thanks Bambi! The signal is clear - venture capital will be disrupted and complimented by convenient, cost-effective and efficient services like fundfindr.
To see our comment on other players in this space and clarifying a couple of points - like the feature’s error that fundfindr does not have original content - click here and scroll down to comments.
An excerpt of the comment: “ Like Bambi suggests of vator, fundfindr will also take a collaborative approach and partner with complimentary services and events (like Vator). The space is dynamic including: i) deal flow software providers (Fundability) that as Bambi said will battle with Angel Soft, ii) funding request sights charging for investor access (GoBigNetwork, Findthatmoney), iii) training/education (Fundinguniverse modules) or charging for broadcasts of VCs chatting (Fundingpost - anyone paying?), iv) idea forums (didn’t go so well for Cambrian House) and v) media sites with pitches like Techcrunch and Vator. Our take is there is a substantial market to serve here but not simply based on business models of advertising or success fees. And not by throwing more dealflow (video) over the transom as Lise mentioned - the key is customized, quality deal flow, quality content and creating the efficiency and liquidity Ezra mentioned.”
Having just launched Strutta, a website bringing competitors together from around the globe, I felt this was a perfect opportunity to share Danny Robinson’s thoughts on “going it alone.” Having founded 2 internet companies and raising an impressive $100M in venture capital through 8 rounds of financing, it is no wonder he was tagged as one of TechVibes Digital Media People to Watch in 2008. Danny delves into ideas on maintaining ownership and how the business model is constantly evolving. He touches on how technology has been one of the key factors in revolutionizing a company’s strategic model: it can improve your business and help you retain ownership as long as possible. Check out our ‘uncut’ with CEO Danny Robinson.