Vino Veritas

Truth in Wine (Cellaring!) Starting up a green company that brings together new technology, great wines and old-as-dirt-ideas.

This is the personal blog of VV's CEO & Co-Founder, Jon Lawrence.

My Photo
Name: Jon Lawrence
Location: Los Angeles, California

View Jon Lawrence's profile on LinkedIn

Wednesday, September 12, 2007

More on "Funding" Websites

Just while I have a minute this morning I want to elaborate on the comments of a day or so ago about these venture capital/angel investor websites that claim to give entrepreneurs access to capital providers.
I don't mean to pick on GoBigNetwork.com, but they seem to be the front and center of the for-profit/pay-for-access listings, so here's a few numbers to chew on:
  • 53 - the number of "investors" listed in Southern California
  • 23 - the number of investors that after fact-checking, seem to be at least somewhat legitimate capital sources
  • 15 - the number of investors/companies that are asset backed or late-stage VC
  • 8 - is the number of investors that are angel or seed funding (which is inevitably what just about everyone is looking for on these sites)
So if you're a startup entrepreneur, watching every dollar you're spending like a hawk - would you pay $200 for access to a list that is only 15% relevant?

1 Comments:

Anonymous Mark said...

Actually, I would be even tougher on them. I would see it not as 15% relevant, but rather $25 per cold lead. You could probably do better with a mailing list since those too would be cold leads, but at least you would get more of them for less per lead.

September 12, 2007 12:11 PM  

Post a Comment

<< Home