myexperiences

Re:My Adventures Raising VC - AMA on Tuesday October 11, 2011 @04:51PM (#3100248)

I prefer to stay anonymous as maybe one day we might talk with one of the above again.

Our goal is $100mm/yr in 6 years - $60k/mo is very very tiny compared to that goal. The $ we were trying to raise would be to hire a much larger team and scale out. So instead of hiring 30 right away, we are now hiring 1 or so a month.

My Adventures Raising VC - AMA

Posted by myexperiences on Tuesday October 11, 2011 @04:22PM
from the self-post dept.

Briefly, this is my 4th company or so, first time trying to raise capital. We currently have a few employees and do 60k/mo in revenue (profitable). I met with a bunch of VCs over the past few mos trying to boost the company into hyperdrive. We are in a not so sexy part of the consumer internet space. Ask me almost anything. Almost all intros were done by a portfolio company c-level or someone...

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