Comments for StartupLounge.com http://www.startuplounge.com StartupLounge.com is a grassroots organization (and podcast) started by two knuckleheads who want to make a difference for fast-growth entrepreneurs who aren't fortunate enough to live in Silicon Valley. Recorded in Atlanta, Georgia, the podcast focuses on bootstrapping, venture capital, angel investing, and other issues of interest to the entrepreneur. The show features informative guests, interactive discussions, and a nice dash of humor. Wed, 20 Aug 2008 16:19:10 +0000 http://wordpress.org/?v=2.5.1 Comment on SL #28: Angels in Atlanta by Marcel Crudele http://www.startuplounge.com/sl-28-angels-in-atlanta/#comment-1132 Marcel Crudele Wed, 20 Aug 2008 01:25:57 +0000 http://www.startuplounge.com/?p=89#comment-1132 It's great to hear insights from real investors. Hearing the commitment and personal intensity that is applied to these endeavors should be encouraging for anyone interested in seeking funding - as long as they are able to find the right, smart money. Thanks for the exposure! Marcel Crudele innerEcho - Atlanta, GA It’s great to hear insights from real investors. Hearing the commitment and personal intensity that is applied to these endeavors should be encouraging for anyone interested in seeking funding - as long as they are able to find the right, smart money. Thanks for the exposure!

Marcel Crudele
innerEcho - Atlanta, GA

]]> Comment on SL #28: Angels in Atlanta by Lydia http://www.startuplounge.com/sl-28-angels-in-atlanta/#comment-1126 Lydia Tue, 19 Aug 2008 02:58:02 +0000 http://www.startuplounge.com/?p=89#comment-1126 Another great show! Where do you guys find the time for all of this lol? Thanks for all you do for our community! Another great show! Where do you guys find the time for all of this lol? Thanks for all you do for our community!

]]> Comment on SL #27: From Bootstrapping to Entrepreneur of the Year by Scott Burkett http://www.startuplounge.com/sl-27-from-bootstrapping-to-entrepreneur-of-the-year/#comment-1091 Scott Burkett Thu, 07 Aug 2008 05:14:52 +0000 http://www.startuplounge.com/?p=87#comment-1091 Thanks for the kind words, and for stopping by and dropping a comment, guys. Trevor - dunno, but I'd love to see it! Cheers. Scott Thanks for the kind words, and for stopping by and dropping a comment, guys.

Trevor - dunno, but I’d love to see it!

Cheers.
Scott

]]> Comment on SL #27: From Bootstrapping to Entrepreneur of the Year by Trevor http://www.startuplounge.com/sl-27-from-bootstrapping-to-entrepreneur-of-the-year/#comment-1089 Trevor Wed, 06 Aug 2008 16:44:15 +0000 http://www.startuplounge.com/?p=87#comment-1089 What's the status on a music video to "Nerds Can't Bring Me Down"? What’s the status on a music video to “Nerds Can’t Bring Me Down”?

]]> Comment on SL #27: From Bootstrapping to Entrepreneur of the Year by Lydia http://www.startuplounge.com/sl-27-from-bootstrapping-to-entrepreneur-of-the-year/#comment-1081 Lydia Sat, 02 Aug 2008 06:20:14 +0000 http://www.startuplounge.com/?p=87#comment-1081 Great show! Great show!

]]> Comment on SL #22: Early Stage Capital in Georgia by Doug Field http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1080 Doug Field Fri, 01 Aug 2008 21:21:12 +0000 http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1080 Just became a Member and really enjoyed this Podcast. Very informative; had good new thoughts to use and helped validate some of current thoughts and plans for capital raise. Thanks Mike! Just became a Member and really enjoyed this Podcast. Very informative; had good new thoughts to use and helped validate some of current thoughts and plans for capital raise. Thanks Mike!

]]> Comment on SL #27: From Bootstrapping to Entrepreneur of the Year by TerrenceT http://www.startuplounge.com/sl-27-from-bootstrapping-to-entrepreneur-of-the-year/#comment-1070 TerrenceT Sun, 27 Jul 2008 12:47:03 +0000 http://www.startuplounge.com/?p=87#comment-1070 This was a great podcast guys! I hope to shake this man's hand at your next startup lounge event. This was a great podcast guys! I hope to shake this man’s hand at your next startup lounge event.

]]> Comment on SL #25: CapVenture and Global Crypto Systems by Rob Shields http://www.startuplounge.com/sl-25-capventure-and-global-crypto-systems/#comment-1068 Rob Shields Tue, 22 Jul 2008 22:41:38 +0000 http://www.startuplounge.com/?p=85#comment-1068 Thanks for answering my question about a where to find a term sheet for seed round financing. I appreciate the advice. BTW: Since I submitted the question, I tracked down the closest thing that I could find to a boilerplate term sheet. It is a bit complicated, but it certainly covers all the bases: http://www.nvca.org/model_documents/model_docs.html Also, I didn’t think hat it was possible, but the “Talk nerdy to me” Poison spoof proved that to me there are performers who aspire to be Weird Al. Thanks for answering my question about a where to find a term sheet for seed round financing. I appreciate the advice. BTW: Since I submitted the question, I tracked down the closest thing that I could find to a boilerplate term sheet. It is a bit complicated, but it certainly covers all the bases:

http://www.nvca.org/model_documents/model_docs.html

Also, I didn’t think hat it was possible, but the “Talk nerdy to me” Poison spoof proved that to me there are performers who aspire to be Weird Al.

]]> Comment on SL #25: CapVenture and Global Crypto Systems by Scott Burkett http://www.startuplounge.com/sl-25-capventure-and-global-crypto-systems/#comment-1062 Scott Burkett Mon, 07 Jul 2008 18:50:58 +0000 http://www.startuplounge.com/?p=85#comment-1062 UPDATE: The original deadline for CapVenture applications was listed as June 15th - it is actually July 15th - corrected! Cheers. Scott UPDATE: The original deadline for CapVenture applications was listed as June 15th - it is actually July 15th - corrected!

Cheers.
Scott

]]> Comment on SL #22: Early Stage Capital in Georgia by Trevor Lohrbeer http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1054 Trevor Lohrbeer Tue, 03 Jun 2008 00:45:00 +0000 http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1054 Great presentation. A lot of it also applies to the Asheville venture environment. One key thing that I think got missed were angel groups, both angel networks and angel funds. These are very different than individual investors and a potential source of early stage funds. In particular, the definition of an accredited investor missed that individuals with a $200K/year income (or couples with a $300K/yr joint income) are also accredited. This puts many higher-end professionals as potential angel investors, especially when combining their money into a fund. I would suspect groups with these types of angels would also have a lower average age and thereby a higher risk profile for asset allocations. It seems like the Boston angel groups have a lot of angels in their 30s and 40s, which make for good early stage angel investors. High net worth and high income individuals in their 50s and 60s are naturally going to be less prone toward riskier early stage angel investments. Great presentation. A lot of it also applies to the Asheville venture environment.

One key thing that I think got missed were angel groups, both angel networks and angel funds. These are very different than individual investors and a potential source of early stage funds.

In particular, the definition of an accredited investor missed that individuals with a $200K/year income (or couples with a $300K/yr joint income) are also accredited. This puts many higher-end professionals as potential angel investors, especially when combining their money into a fund. I would suspect groups with these types of angels would also have a lower average age and thereby a higher risk profile for asset allocations.

It seems like the Boston angel groups have a lot of angels in their 30s and 40s, which make for good early stage angel investors. High net worth and high income individuals in their 50s and 60s are naturally going to be less prone toward riskier early stage angel investments.

]]> Comment on SL #21: Cleantech Venture Capital by Cordelia Blake http://www.startuplounge.com/sl-21-cleantech-venture-capital/#comment-1053 Cordelia Blake Sun, 01 Jun 2008 13:26:00 +0000 http://www.startuplounge.com/sl-21-cleantech-venture-capital/#comment-1053 I would like to set the record straight-I am a very good driver! I hope you enjoyed your little snide comment about my driving-you can listen to it over and over again-from the sofa! I would like to set the record straight-I am a very good driver! I hope you enjoyed your little snide comment about my driving-you can listen to it over and over again-from the sofa!

]]> Comment on SL #21: Cleantech Venture Capital by Cordelia Blake http://www.startuplounge.com/sl-21-cleantech-venture-capital/#comment-1052 Cordelia Blake Sun, 01 Jun 2008 13:17:42 +0000 http://www.startuplounge.com/sl-21-cleantech-venture-capital/#comment-1052 I would like to set the record straight-I am a very good driver! I would like to set the record straight-I am a very good driver!

]]> Comment on StartupLounge’s PitchCamp by Pitchcamp Recap « OffCoarse http://www.startuplounge.com/startuplounges-pitchcamp/#comment-1047 Pitchcamp Recap « OffCoarse Mon, 12 May 2008 18:14:34 +0000 http://www.startuplounge.com/startuplounges-pitchcamp/#comment-1047 [...] thank you, Scott for putting on PitchCamp, and thank you to all who took part because i know i got a lot out of it. Possibly related posts: [...] [...] thank you, Scott for putting on PitchCamp, and thank you to all who took part because i know i got a lot out of it. Possibly related posts: [...]

]]> Comment on SL #22: Early Stage Capital in Georgia by Furquan R. Stafford, Sr. http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1045 Furquan R. Stafford, Sr. Mon, 05 May 2008 18:27:42 +0000 http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1045 Mike "GREAT" presentation! Working on the plasma contract. Will contact you soon. Again, thanks. Mike “GREAT” presentation! Working on the plasma contract. Will contact you soon. Again, thanks.

]]> Comment on SL #22: Early Stage Capital in Georgia by Furquan R. Stafford, Sr. http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1044 Furquan R. Stafford, Sr. Mon, 05 May 2008 18:26:48 +0000 http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1044 Mike "GREAT" presentation! Working on the plasma contract. Will contact you soon. Again, thanks Mike “GREAT” presentation! Working on the plasma contract. Will contact you soon. Again, thanks

]]> Comment on SL #22: Early Stage Capital in Georgia by Robert http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1043 Robert Mon, 05 May 2008 17:35:48 +0000 http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1043 Can you provide audio only MP3's available for download? I only access "podcasts" while I'm driving around town. Thanks. Can you provide audio only MP3’s available for download? I only access “podcasts” while I’m driving around town. Thanks.

]]> Comment on SL #22: Early Stage Capital in Georgia by Adam http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1041 Adam Tue, 29 Apr 2008 05:47:10 +0000 http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1041 Hey, I checked out your show a while ago through the GA podcast network, and I wanted to email you because I think your shows are interesting. I've had fun listening through them. The episodes keep getting better and better. I'm always looking around for new shows to listen to because I'm a podcaster too. I do a weekly music review show called Have You Heard (http://www.haveyouheard.net). We interview musicians, talk about music news, and review two new records every week. You should check it out. I'd love some feedback on the show. Support GA podcasters! -Adam Trimble Hey,

I checked out your show a while ago through the GA podcast network, and I wanted to email you because I think your shows are interesting. I’ve had fun listening through them. The episodes keep getting better and better.

I’m always looking around for new shows to listen to because I’m a podcaster too. I do a weekly music review show called Have You Heard (http://www.haveyouheard.net). We interview musicians, talk about music news, and review two new records every week. You should check it out. I’d love some feedback on the show.

Support GA podcasters!

-Adam Trimble

]]> Comment on Join us at the next CapitalLounge event! by Keith McGreggor http://www.startuplounge.com/join-us-at-the-next-capitallounge-event/#comment-1040 Keith McGreggor Mon, 28 Apr 2008 13:09:17 +0000 http://www.startuplounge.com/?p=78#comment-1040 Scott, Just sorted out that I hadn't officially signed up. Took care of that. See you on Thursday at the AngelLounge. - Keith GT VentureLab Scott,

Just sorted out that I hadn’t officially signed up. Took care of that.
See you on Thursday at the AngelLounge.

- Keith

GT VentureLab

]]> Comment on SL #22: Early Stage Capital in Georgia by Mike http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1038 Mike Thu, 24 Apr 2008 14:51:12 +0000 http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1038 You're welcome. It's nice to have the ability to not have knowledge "perish" when the speech is over. Great job by PeachPods doing the recording too. You’re welcome. It’s nice to have the ability to not have knowledge “perish” when the speech is over. Great job by PeachPods doing the recording too.

]]> Comment on SL #22: Early Stage Capital in Georgia by Andrew Shales http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1034 Andrew Shales Wed, 23 Apr 2008 23:21:49 +0000 http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-1034 Very helpful Michael. Thank you guys so much for putting this up on the site Very helpful Michael. Thank you guys so much for putting this up on the site

]]> Comment on PitchCamp Dates! by Josh http://www.startuplounge.com/pitchcamp-dates/#comment-1005 Josh Thu, 10 Apr 2008 14:54:33 +0000 http://www.startuplounge.com/pitchcamp-dates/#comment-1005 Scott & Mike, Thanks for PitchCamp - I learned a lot yesterday and it was great to hear about the other startups in the Atlanta area. Scott & Mike,

Thanks for PitchCamp - I learned a lot yesterday and it was great to hear about the other startups in the Atlanta area.

]]> Comment on SL #13: Live at the ATDC by Scott Burkett http://www.startuplounge.com/sl-13-live-at-the-atdc/#comment-983 Scott Burkett Thu, 27 Mar 2008 18:52:53 +0000 http://www.startuplounge.com/sl-13-live-at-the-atdc/#comment-983 Hi Deborah. Your best bet is most certainly going to be the Small Business Administration (SBA). The web site is painful to absorb, but the SBA and/or banks are going to be your best option for a small business. http://www.sba.gov Cheers. Scott Hi Deborah. Your best bet is most certainly going to be the Small Business Administration (SBA). The web site is painful to absorb, but the SBA and/or banks are going to be your best option for a small business.

http://www.sba.gov

Cheers.
Scott

]]> Comment on SL #13: Live at the ATDC by Deborah Johnson http://www.startuplounge.com/sl-13-live-at-the-atdc/#comment-982 Deborah Johnson Thu, 27 Mar 2008 18:47:41 +0000 http://www.startuplounge.com/sl-13-live-at-the-atdc/#comment-982 I amtrying to find startup capital for a usiness I want very much to open in my community. In the area I live there is no supermarket, and I have always wanted to own my own grocery store but I need a lot of capital and help. I would appreciate any input anyone can give me as to where and how to get my dreams started. Thank you very much for listening and I will appreciate any feedback you may have that will help. Sincerely, Ms. Deborah Johnson I amtrying to find startup capital for a usiness I want very much to open in my community. In the area I live there is no supermarket, and I have always wanted to own my own grocery store but I need a lot of capital and help. I would appreciate any input anyone can give me as to where and how to get my dreams started. Thank you very much for listening and I will appreciate any feedback you may have that will help. Sincerely, Ms. Deborah Johnson

]]> Comment on SL #22: Early Stage Capital in Georgia by Brian Javeline http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-971 Brian Javeline Tue, 18 Mar 2008 13:11:12 +0000 http://www.startuplounge.com/sl-22-early-stage-capital-in-georgia/#comment-971 I really enjoyed listening to this entire podcast and think you did a great job introducing people to the challenges and potential rewards of raising early stage capital. I have gone a few rounds of attracting early stage investors (and of course are still seeking more). Something that I liked was how you reviewed "What angels really want" since it is important for an entreprenuer to understand the desires of the person they are soliciting. Also important was understanding market validation. Sorry I missed you live! Great job. Brian I really enjoyed listening to this entire podcast and think you did a great job introducing people to the challenges and potential rewards of raising early stage capital. I have gone a few rounds of attracting early stage investors (and of course are still seeking more). Something that I liked was how you reviewed “What angels really want” since it is important for an entreprenuer to understand the desires of the person they are soliciting. Also important was understanding market validation. Sorry I missed you live! Great job. Brian

]]> Comment on SL #15: Teambuilding in a Startup by Adam Lindsey http://www.startuplounge.com/sl-15-teambuilding-in-a-startup/#comment-906 Adam Lindsey Tue, 11 Mar 2008 18:29:36 +0000 http://www.startuplounge.com/sl-15-teambuilding-in-a-startup/#comment-906 Love Waking Up the Jedi Love Waking Up the Jedi

]]> Comment on SL #21: Cleantech Venture Capital by mblake http://www.startuplounge.com/sl-21-cleantech-venture-capital/#comment-904 mblake Mon, 10 Mar 2008 13:52:05 +0000 http://www.startuplounge.com/sl-21-cleantech-venture-capital/#comment-904 Before anyone points it out, I misspoke when I said flourescent bulbs will be phased out. I know it's luminescent bulbs that are being phased out in favor of compact flourescent bulbs. These things happen when you put amateurs in front of the mike. Stupid Patriots -- mike Before anyone points it out, I misspoke when I said flourescent bulbs will be phased out. I know it’s luminescent bulbs that are being phased out in favor of compact flourescent bulbs. These things happen when you put amateurs in front of the mike.

Stupid Patriots

– mike

]]> Comment on SL #19: A Conversation with Chrysalis Ventures by MK http://www.startuplounge.com/sl-19-a-conversation-with-chrysalis-ventures/#comment-900 MK Fri, 07 Mar 2008 20:43:52 +0000 http://www.startuplounge.com/sl-19-a-conversation-with-chrysalis-ventures/#comment-900 Awesome! Inspiring and funny! Can't ever find the combination. Awesome! Inspiring and funny! Can’t ever find the combination.

]]> Comment on Introducing Angel Lounge by Steven Stokes http://www.startuplounge.com/introducing-angel-lounge/#comment-525 Steven Stokes Sun, 27 Jan 2008 13:19:10 +0000 http://www.startuplounge.com/introducing-angel-lounge/#comment-525 This is an excellent idea. Tip of the hat to Admas Capital for their efforts to build the angel community in the southeast. This is an excellent idea.

Tip of the hat to Admas Capital for their efforts to build the angel community in the southeast.

]]> Comment on SL #19: A Conversation with Chrysalis Ventures by Brian Oravetz http://www.startuplounge.com/sl-19-a-conversation-with-chrysalis-ventures/#comment-403 Brian Oravetz Mon, 19 Nov 2007 16:08:59 +0000 http://www.startuplounge.com/sl-19-a-conversation-with-chrysalis-ventures/#comment-403 WELL DONE! You've won a new listener! This is the first podcast I've listened to from you guys, and it was well worth the time; not to mention funny as hell! I can't wait to hear more. WELL DONE! You’ve won a new listener! This is the first podcast I’ve listened to from you guys, and it was well worth the time; not to mention funny as hell! I can’t wait to hear more.

]]> Comment on SL #19: A Conversation with Chrysalis Ventures by dlion http://www.startuplounge.com/sl-19-a-conversation-with-chrysalis-ventures/#comment-402 dlion Sun, 18 Nov 2007 04:25:35 +0000 http://www.startuplounge.com/sl-19-a-conversation-with-chrysalis-ventures/#comment-402 I still haven't stopped laughing at this one guys! Great show keep up the good work! I still haven’t stopped laughing at this one guys! Great show keep up the good work!

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