Good point, Itai! We'd contacted about 50 VC companies in Germany prior and during our development of teamspir.it. Unfortunately, the response rate was almost zero and we only had one meeting with a wannabe VC.

You're right: We neither had the right connections nor an adequate track record at that time.

I must admit that as a VC guy, I wouldn't had been interested to invest in teamspir.it back then, too. As described in the essay, USP, concept and target group really were not clear enough.