So here are my conditions for an investment in your start-up: It can be an existing business or a start up. It can not be a business that generates any revenue from advertising. Why ? Because I want this to be a business where you sell something and get paid for it. That’s the only way to get and stay profitable in such a short period of time. It MUST BE CASH FLOW BREAK EVEN within
Investment Conditions
In Economic Downturn: Look forward
There’s a lot of gloomsaying these days — not only in the banking scene or at Wall Street. The internet, web 2.0 and all new start-up business model seem — again — to be on a knife-edge. VCs are mulling over high evaluations — start-ups are being told (again) to become more humble. Since it’s always easy to join the club of doomsayers at the right time the ‘Look-Forward-post’ of Fred Wilson
European Founders Fund acquires stake in Facebook
Germany based VC European Founders Fund EFF is said to acquire a stake in Facebook. Run by the three Samwer brothers (sold Alando to ebay, later Jamba to VeriSign) the European Founders Fund normally is known for smaller investments at early stages. Marc Samwer said that EFF’s stake would not match Microsoft’s but they would be the third biggest investor in Facebook after the software company and Hong Kong billionaire Li