.Net 2007 Customer Seed Money 
Both Sides of the Table
JANUARY 5, 2010
Partners in VC funds only wanted to fund entrepreneurs who had a certain percentage of their net worth tied up in their venture. VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. That’s hard core. Not my problem.
Both Sides of the Table
SEPTEMBER 2, 2009
The net effect for [my company] for example is we are now doing reasonably well. I raised $500k in seed money to start the company. The company did well in 2006 as we delivered a phenomenal product that got much industry acclaim at conferences and with initial customers. I think it breaks for most people after 3-4 years.
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