Remove Angel Financing Remove Business Model Remove Early Stage Remove Networking
article thumbnail

Interview with Sramana Mitra on 1M/1M Program

Life Beyond Code

And today, we have a group of early adopter premium members who are making good use of the program. He has veered away from angel financing, and has decided to bootstrap with customer money, and preserve equity ownership, foregoing any immediate dilution related to financing. Numerous lessons. RS: Thanks Sramana.

article thumbnail

ProfessorVC: Baby's All Grown Up

Professor VC

Not to worry, I was busy working on closing the Series B financing for iControl Networks. I started working with the founders of iControl at the concept stage, prior to the first $100K of angel financing. Don't Stop Believin' Is There Any Truth in "The Social Network"?

article thumbnail

ProfessorVC: How much is enough?

Professor VC

Financing, that is.I had mixed emotions when I read the the press release on the recent funding of iControl Networks. One truth of start-up financing is that it generally takes twice as long and twice as much money to accomplish your milestones. I took a look back at our original financial model we presented to VCs in 2004.