.Net 2007 Seed Money Technology 
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. Your financial risks of starting most technology companies these days are so low. I joined GRP Partners in 2007 before they raised their current fund (we closed a $200 million fund in March 2009).
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. By then I was still on the board of my first company but it hadn’t yet sold (it ended up selling in 2007 to a publicly traded French company). Many term sheets ensued.
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