Comments on: These Kinds of People Will Call You After You Raise Venture Capital http://www.socrata.com/uncategorized/these-kinds-of-people-will-call-you-after-you-raise-venture-capital/ Making Data Social - Open Data Services for Government Thu, 03 May 2012 01:06:10 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Napera Networks http://www.socrata.com/uncategorized/these-kinds-of-people-will-call-you-after-you-raise-venture-capital/#comment-6530 Napera Networks Fri, 07 Mar 2008 23:35:04 +0000 http://blog.socrata.com/index.php/2008/02/27/these-kinds-of-people-will-call-you-after-you-raise-venture-capital/#comment-6530 <strong>The Downside Of Coming Out Of “Stealth Mode”...</strong> My friend Kevin Merritt (CEO of Seattle startup blist) hit the nail on the head with his recent post about the hordes of people who will call you when you announce a financing. I’ve noticed the same thing since we came out of stealth mode two wee... The Downside Of Coming Out Of “Stealth Mode”…

My friend Kevin Merritt (CEO of Seattle startup blist) hit the nail on the head with his recent post about the hordes of people who will call you when you announce a financing.
I’ve noticed the same thing since we came out of stealth mode two wee…

]]> By: Jim Bullock http://www.socrata.com/uncategorized/these-kinds-of-people-will-call-you-after-you-raise-venture-capital/#comment-6532 Jim Bullock Mon, 03 Mar 2008 02:39:19 +0000 http://blog.socrata.com/index.php/2008/02/27/these-kinds-of-people-will-call-you-after-you-raise-venture-capital/#comment-6532 These are people willing to help you spend money you've made without them vs. people looking to help you make money with them. Who is better to deal with? Take the calls. Keep a list. When you need something call anybody but people on the list. If you are a vendor, unless you've been there with the team the whole time the only right thing to say about new funding is "congratulations." So, congratulations. It's nice to see some VCs that get it. It's a real opportunity and you guys are executing - the beta is pretty sweet. Unfortunately, developers and staff who want to join you because you are hot also come in two flavors - those looking to ride, and those looking for a team that pulls as hard as they do. It's the peril of succeeding - it attracts the wannabes perhaps even more than the contributors. These are people willing to help you spend money you’ve made without them vs. people looking to help you make money with them. Who is better to deal with? Take the calls. Keep a list. When you need something call anybody but people on the list.

If you are a vendor, unless you’ve been there with the team the whole time the only right thing to say about new funding is “congratulations.” So, congratulations. It’s nice to see some VCs that get it. It’s a real opportunity and you guys are executing – the beta is pretty sweet.

Unfortunately, developers and staff who want to join you because you are hot also come in two flavors – those looking to ride, and those looking for a team that pulls as hard as they do. It’s the peril of succeeding – it attracts the wannabes perhaps even more than the contributors.

]]> By: Savan Kong http://www.socrata.com/uncategorized/these-kinds-of-people-will-call-you-after-you-raise-venture-capital/#comment-6531 Savan Kong Thu, 28 Feb 2008 06:35:29 +0000 http://blog.socrata.com/index.php/2008/02/27/these-kinds-of-people-will-call-you-after-you-raise-venture-capital/#comment-6531 Kevin, please remind me not to call you from 12:45 p.m. and 1:30 p.m. Kevin, please remind me not to call you from 12:45 p.m. and 1:30 p.m.

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